๐จ Is $PEPE Stuck? Hereโs the Latest Technical Analysis ๐จ
Recent performance shows a cooling trend:
๐ RSI: Currently at 48, down from 58 last week, indicating a neutral zone where bulls and bears are in a standoff.
๐ SMA & EMA: Converging with minor fluctuations, highlighting ongoing uncertainty.
๐ MACD: Declining histogram suggests potential bearish momentum.
While #PEPE remains a strong presence in the memecoin market, this momentary pause signals caution for short-term traders. As always, analyzing the larger market trends alongside these indicators is key! ๐