$PEPE update after this huge pump!We love CRYPTOCAP:PEPE —one of the coolest meme coins out there.
This pump was massive and unexpected. However, all indicators are now overheated. While forecasting a meme coin is always tricky (they can be influenced by exchanges or whales playing with the price), the chart is giving us signals.
I expect a correction as those who drove the pump may start selling to free up liquidity for other coins.
If indicators follow through, we’re looking at a correction down to 0.00001000-0.00001400 within the green box, making it a good entry point to capture the second part of altseason in Q1 2025.
With strong support at 0.00001000, it’s unlikely that CRYPTOCAP:PEPE will drop lower this cycle.
**DYOR**
