### $PEPE Critical Updates ###
**Current Price:** 0.0000097 (recent low)
**Recent High:** 0.00001068
**Technical Analysis:**
PEPE is currently undergoing a pullback after reaching a recent high of 0.00001068. The price has decreased by approximately 9.5% from this high, indicating a short-term correction.
**Support Levels:**
- 0.0000097 (current price, recent low)
- 0.0000095 (minor support)
- 0.0000090 (major support)
**Resistance Levels:**
- 0.00001068 (recent high)
- 0.0000110 (minor resistance)
- 0.0000120 (major resistance)
**Trend:**
The short-term trend is bearish due to the recent price drop. However, the long-term trend remains bullish as PEPE continues to trade above the 50-day and 200-day moving averages.
**Indicators:**
- **RSI (14):** 42.50 (neutral)
- **MACD (12, 26):** -0.000002 (bearish)
- **Bollinger Bands:** The price is near the lower band, suggesting potential oversold conditions.
**Conclusion:**
PEPE is experiencing a short-term correction after reaching a recent high. The price may continue to fall toward the support levels, but a rebound toward the resistance levels is also possible. A breakout above 0.00001068 could signal a continuation of the long-term bullish trend.
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