Markets· ★★· bullish·

PEPE Jumps 32% to $0.00000536, Breaking August High

  • PEPE gained 32% in 24 hours to $0.00000536, breaking the August high of $0.0000046
  • RSI reached 78.09, signaling overbought conditions and profit-taking risk
  • Perpetual open interest rose 51.8% to $245.1 million, with Binance holding $146.1 million
  • Futures turnover hit $1.77 billion versus $439.64 million in spot volume
Why it matters: Holding $0.0000044 will determine whether the breakout extends or unwinds amid an overbought RSI and heavy derivatives positioning.
Source: Cryptonews.net