PEPE’s market cap on the 30-minute chart is entering a classic Bollinger Band squeeze, indicating reduced volatility and a potential breakout on the horizon. The bands have tightened significantly after a period of sideways consolidation, and the price is hovering near the middle band, showing indecision.
Key insights:
Upper Band (Resistance): ~$3.9B
Lower Band (Support): ~$3.05B
Current Market Cap: ~$3.86B, showing a mild bullish lean
Volume Spike: Notable increase in 24h trading volume — $1.24B compared to the 30D average of ~$685M
If the price breaches the upper band with volume support, a short-term upward move could follow. Traders should watch for confirmation via volume surge and sustained breakout candle above $3.9B. A breakdown below $3.05B would invalidate the setup.
Key insights:
Upper Band (Resistance): ~$3.9B
Lower Band (Support): ~$3.05B
Current Market Cap: ~$3.86B, showing a mild bullish lean
Volume Spike: Notable increase in 24h trading volume — $1.24B compared to the 30D average of ~$685M
If the price breaches the upper band with volume support, a short-term upward move could follow. Traders should watch for confirmation via volume surge and sustained breakout candle above $3.9B. A breakdown below $3.05B would invalidate the setup.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.