Markets· ★★· bullish·

PEPE Jumps 10.91% on Volume 4x Above Average as RSI Signals Overbought

  • —PEPE gained 10.91% to $0.0000053, with an intraday high of $0.0000056
  • —Trading volume hit $1.17 billion, 307.53% above the 30-day average
  • —RSI at 71.6 and stochastic at 85.9 signal overbought conditions
  • —A link between the rally and Justin Sun-linked wallets remains unconfirmed
Why it matters: The sharp move on abnormal volume with overbought readings raises the risk of a pullback toward $0.0000048 support.
Source: DiarioBitcoin