$PEPE has successfully broken out of a compression range ($0.00535–$0.00545) and pushed vertically toward the $0.00600 resistance level.
The price has flipped the 21 EMA (Exponential Moving Average) into support—a critical move as this line has acted as a ceiling for the past three months. The Relative Strength Index (RSI) is sitting in a neutral-to-bullish zone (approx. 44.38 - 60), suggesting there is still room to grow before the asset becomes "overbought." The MACD histogram has finally flipped positive, signaling a fading of the previous bearish momentum.
#MarketRebound
The price has flipped the 21 EMA (Exponential Moving Average) into support—a critical move as this line has acted as a ceiling for the past three months. The Relative Strength Index (RSI) is sitting in a neutral-to-bullish zone (approx. 44.38 - 60), suggesting there is still room to grow before the asset becomes "overbought." The MACD histogram has finally flipped positive, signaling a fading of the previous bearish momentum.
#MarketRebound
