PEPE Token Sees 2.67% Price Increase Amid Bearish Market Trends
PEPE is currently trading at $0.00001115, reflecting a 2.67% short-term increase. However, the 4-hour chart indicates an overall declining trend.
Volume and Trend Analysis
- 24-hour trading volume: 12.97 trillion tokens, approximately $143.83 million.
- The volume shows moderate activity, lacking bullish momentum.
- Volume Simple Moving Average (SMA) reveals temporary spikes, indicating transient trader interest.
- Overall volume trend aligns with continued price decline.
Price trends show:
- 7-day decline: 2.79%
- 30-day decline: 15.9%
- 180-day drop: 54.12%
- Annual gain: 2.67%
Technical Levels for PEPE
- Short-term support around $0.00001069, where buying pressure has been observed.
- Resistance level at $0.00001133, where selling previously capped rallies.
Crypto Man MAB notes that while the outlook remains bearish in the short term, recent price upticks and increased volume may signal potential reversal if upward momentum continues.
