### $PEPE Updates ###
PEPE Technical Analysis
Recent High: 0.0000125
Current Price: 0.0000118
Recent Low: 0.0000115 (near)
PEPE is currently trading near its recent low, after a slight pullback from the recent high.
Trend:
- The short-term trend is bearish, with a 5.6% decrease from the recent high.
- The coin is experiencing a minor correction, testing the support levels.
Support Levels:
- 0.0000115 (recent low)
- 0.0000110 (potential support)
Resistance Levels:
- 0.0000120 (immediate resistance)
- 0.0000125 (stronger resistance)
Indicators:
- RSI (14): 46.21 (neutral)
- MACD (12, 26): bearish crossover
Analysis:
- PEPE is testing the support levels near the recent low.
- If the coin holds above 0.0000115, it may bounce back to the immediate resistance level of 0.0000120.
- A break below 0.0000115 may lead to further correction, targeting 0.0000110.
- A return above 0.0000125 is needed to resume the bullish trend.
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