PEPE has increased by 0.89% in the past 24 hours, with trading volume surging to 23.47 million USDT, and buying enthusiasm remains high. On the technical side, several key signals are indicating a bullish trend.

The EMA shows a typical bullish alignment, and the MACD histogram remains positive, suggesting that upward momentum still has room to continue. Although the RSI indicator is at a relatively high level (6-period RSI reaching 75.83), it has not yet fully invalidated the bullish outlook. More notably, on-chain data shows continuous inflows of large funds; even during corrections, whale players are quietly building positions. This accumulation behavior often signals the potential for a larger-scale upward move.

However, opportunities often come with risks. When RSI exceeds 75, the market enters a highly sensitive zone, and the probability of a short-term correction increases significantly. The price is currently close to the upper band of the Bollinger Bands, with volatility continuing to expand, indicating that more intense and unpredictable fluctuations may occur in the future. The key resistance level at $0.000009 is particularly worth noting—if it cannot be effectively broken, the market may enter consolidation or even face downward pressure.

Overall, PEPE still has a technical basis for short-term upward movement, but it is best to observe whether the price can break through key resistance levels effectively before entering, and to remain cautious of profit-taking pressure at high levels.