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The PEPE coin has seen a notable rise in the past few days, reaching 0.00001406 before currently stabilizing at 0.00001330 with a daily increase of +2.31%.
Indicators supporting this momentum:
Strong breakout of the upper Bollinger band The price has surpassed the upper limit of the Bollinger Bands indicator, indicating strong upward momentum.
Unprecedented increase in trading volume In just 24 hours, PEPE recorded trades of over 36.9 billion, reflecting a significant influx of liquidity.
Increasing interest in the market The balance between buy and sell orders (approximately 50/50) indicates a strong battle between buyers and sellers, with a slight lean towards buying.
Is it the right time to buy?
Despite the rapid rise, we may witness some short-term corrections. The smart investor is monitoring support at 0.00001264 and the next resistance at 0.00001448.
Share your opinion:
Do you think PEPE will reach a new peak this week? Or is it time to take profits? Write your opinion in the comments!