### $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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