Markets· ★★· bullish·

PEPE Jumps 10.51% to $0.0000049 on Volume 69% Above Average

  • —Price at $0.0000049, up 10.51% on the day, market cap $2.05 billion
  • —Volume of $437.31 million versus a 30-day average of $259.01 million
  • —Short liquidations estimated at $1.25 million, longs at $273,080
  • —Stochastic at 96.5% and Bollinger %B at 124.6 point to consolidation risk
Why it matters: The rally looks stretched: without a confirmed catalyst it rests on forced short covering and could retrace quickly.
#PEPE
Source: DiarioBitcoin
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