2026-01-17 17:23:23

PEPE has experienced a significant surge within the past 16 hours, with a rise of 3.12%, pushing the price to 0.00000595 USDT. Trading activity has also increased, with volume skyrocketing to 7.6 million USDT. What is behind this market movement? Let’s break it down.

From a technical perspective, the main driver of this rally is the strong performance of the bulls. The latest MACD indicator has turned positive, and the histogram has shifted from negative to positive, indicating that bullish momentum is building. According to conventional logic, this should suggest a continued upward trend. Coupled with the boost from community sentiment—many are discussing whether PEPE can reach new highs—the market enthusiasm for this meme coin has indeed picked up.

However, there is a warning sign— the RSI index has soared to 78.23, firmly entering the overbought zone. This typically signals a risk of a short-term correction, as extreme enthusiasm often precedes a reversal. More concerning is the capital flow data, which shows a net outflow of about 149,000 USDT over the past 15 hours. In other words, despite the price climbing, a significant amount of funds are quietly exiting.

Additionally, the large supply of PEPE itself contributes to extreme price volatility, making it a classic high-risk, high-reward asset. Short-term hype can fade quickly, so caution is advised when entering the market.

PEPE-1,15%

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ForkYouPayMe

· 8h ago

RSI78 is already in the overbought zone. Is anyone still calling for a new high? This is the part I want to criticize most when I look at PEPE; it's always like this... --- Funds secretly withdrew 149,000 and are still hyping the rise, a typical false prosperity. --- Meme coins are like this; once the hype passes, they dump immediately. I still prefer to wait before jumping in. --- What’s the use of MACD turning positive? RSI has already issued an alert. Short-term risks are definitely there. --- Why play with such a large supply? With such extreme volatility, you'll get cut sooner or later. --- Wow, the price is rising but the net outflow of volume is increasing. This signal is truly incredible. --- Another FOMO market. I bet it will start to plunge within the next hour.

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ContractCollector

· 8h ago

RSI 78, just looking at this number, you know it's going to plummet. It always happens like this. Intelligence tax is coming, don't be fooled by MACD. Net capital outflow? Those guys already ran away, we're the ones picking up the pieces. With such a large supply, still daring to push? Meme coins are really a gambler's playground. PEPE this wave is just hype, with no real support. If the price pushes one more time, it will be cut in half. Just watch.

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WalletDetective

· 8h ago

Ha, it's the same old story. RSI78 is so outrageous yet people still dare to push, while funds are quietly fleeing. --- Getting excited just because MACD turns positive? I think it's just paving the way for the bagholders. --- It’s always the same: prices soar, funds flow out, it reads like a story. --- 760 million in trading volume sounds like a lot, but at the PEPE level, it’s nothing. --- With such a large supply, what’s the point of playing? Better to forget it. --- The overbought zone has already hit 78, and this wave down will leave a mess. --- Talking about new highs again? Wake up, brother, funds are pulling out. --- Why is it always the same routine? Looks lively on the surface, but everyone’s leaving behind the scenes. --- Meme coins are like this—hot when they come, gone just as fast. Don’t be fooled. --- Just look at this analysis and you’ll know it’s time to run.

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PerpetualLonger