PEPE Soars 25%: Memecoin's Bullish Trend Faces Resistance

PEPE, a top memecoin gainer, has seen impressive growth, but will the hype fade?

_Key Highlights:_

- 25% gain in the last 7 days.
- Breakout above 50-day and 200-day moving averages.
- MACD positive crossover, indicating upward momentum.
- RSI nearing overbought territory, suggesting potential correction.

_Technical Analysis:_

- Support level: $0.00000100.
- Resistance level: $0.00000115.
- Daily active addresses surge from 3,500 to 5,000.

_Market Sentiment:_

- Buying interest strong, reflected in On-Balance Volume (OBV) line.
- Moderate inverse correlation with Bitcoin (BTC).

_Outlook:_

- Potential continuation of bullish trend if support holds.
- Correction possible if RSI reaches overbought territory.
- Breakout above $0.00000115 resistance level crucial.

_Caution:_

- Pullback to $0.00000100 support level possible.
- Trend reversal if breakdown below support level.

To sustain its momentum, PEPE must:

1. Maintain support above $0.0000…