$PEPE loses this run if it can’t reclaim 0.00000420 now. 🤝
Price is 0.00000414 and the tape is still hot, up 7.25% on the day with $154M trading. But don’t ignore the stretch. RSI on 4h is 80 and that kind of move usually needs a pause before the next leg.
Still, this is bullish structure. Above the 20d and 50d MA, 79% up the 30d range, and only 9% off the high. Volume is 6.7x the 20d average. That is not random. 🚀
I think $PEPE either reclaims 0.00000420 and squeezes into 0.00000455, or this cools hard first. Short wick? Maybe. Clean breakout? More likely.
Where does PEPE top out this week?
#Pepe
#Memecoins
#Memecoin
Price is 0.00000414 and the tape is still hot, up 7.25% on the day with $154M trading. But don’t ignore the stretch. RSI on 4h is 80 and that kind of move usually needs a pause before the next leg.
Still, this is bullish structure. Above the 20d and 50d MA, 79% up the 30d range, and only 9% off the high. Volume is 6.7x the 20d average. That is not random. 🚀
I think $PEPE either reclaims 0.00000420 and squeezes into 0.00000455, or this cools hard first. Short wick? Maybe. Clean breakout? More likely.
Where does PEPE top out this week?
#Pepe
#Memecoins
#Memecoin