PEPE (PEPE/USDT) has experienced a bullish surge recently, surpassing the upper Bollinger Band and reaching a high of $0.000020. After this surge, the price has retraced slightly, indicating a period of consolidation. Analysts believe that PEPE should take a temporary break before continuing to rise, driven by heavy trading volumes and social media trends. The Relative Strength Index (RSI) is currently above the midpoint and close to the overbought level, suggesting slowing buying momentum. The first level of resistance is at $0.000023, while support is at $0.00001012. Traders anticipate a break above the trendline and alignment with the EMA as an indication of the next bullish phase.



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