🔍 Technical Analysis of PEPE/USDT: Is the price preparing for new breakouts?
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The currency has
shown remarkable recovery on a 15-minute interval, as the price strongly broke the previous resistance area at 0.00001130, recording a new peak at 0.00001153, with a daily increase exceeding +6.9% amid increasing buying momentum.
🔥 Technical indicators support the rise:
The price is moving above the three moving averages (EMA20, EMA50, EMA99) in ascending order.
The RSI indicator at 73 reflects clear buying strength despite approaching overbought areas.