PEPE Market Cap Approaches Key Fib Resistance — Will the 0.236 L

116
PEPE’s market cap is testing the 0.236 Fibonacci retracement level ($3.76B) after a strong upward move from ~$2.91B. The price is consolidating near the swing high at $3.91B, indicating possible exhaustion or gearing up for a breakout.

The MACD remains bullish for now, but the histogram shows waning momentum, suggesting caution.

Key insights:

Current Market Cap: $3.83B

Key Resistance: $3.76B (0.236 Fib) and $3.91B (local high)

Support Zone: $3.52B (0.618 Fib level)

MACD: Still in bullish territory, but histogram bars are shrinking

If PEPE breaks and holds above $3.91B with strong volume, the next bullish leg could follow. But a rejection at this level might bring it back toward $3.52B or even $3.42B (0.786). A MACD crossover down would confirm bearish divergence.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.