my beloved Pepe exhibits a typical behavior of a highly speculative memecoin, but it's super cute where technical analysis should focus more on price structure and volume rather than isolated indicators; currently, its RSI tends to quickly oscillate between overbought and oversold zones due to strong volatility and the influence of social media-driven movements and whales. So, when the RSI surpasses 70, it can signal sharp corrections if there's no volume support, while readings below 30 often align with technical bounces rather than sustained trend changes; generally, PEPE's price tends to respect psychological supports and accumulation zones formed after rapid drops, but its trend is only confirmed when there's a breakout accompanied by a significant increase in volume, because without that factor, the moves are often speculative noise rather than sustained market direction.