2026-01-17 08:33:28

PEPE has recently started to consolidate after a rally, with trading volume clearly decreasing. Market sentiment is becoming more cautious, but the bullish momentum is still present.

From the daily chart, the RSI indicator is currently at 60.09, indicating a neutral to slightly bullish stance. This level warrants attention to potential pullback risks.
Several key technical levels to watch are:
Support is around 0.0000057. If it really falls below this, risk-takers can consider light long positions.
The resistance level overhead is at 0.0000078.
Honestly, the overall popularity of the MEME sector should also be monitored. These types of coins tend to be highly volatile, so it's important to carefully assess how much fluctuation you can tolerate before entering. Avoid unprepared trades; acting within your capacity is the right approach.

PEPE-0,83%

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DAOTruant

· 21h ago

The trading volume has dropped so much that I'm actually a bit worried about what's next... RSI stuck at 60 isn't a particularly comfortable position either. I'm not sure if I can catch a pullback to 0.0000057.

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BearMarketSage

· 21h ago

Once the trading volume drops, I start to doubt life. This is the real test... PEPE this wave will either break 0.0000057 and continue to plunge, or it will bottom out here, with no third option.

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StableCoinKaren

· 21h ago

The trading volume has dropped so much, it feels like it will continue to fall... RSI at over 60 is a bit awkward.

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APY_Chaser

· 21h ago

Trading volume decline, this signal is a bit cold, feels like the heat has cooled down quite a bit... RSI stuck at 60 is a bit awkward, it could drop at any time. By the way, MEME board is just a gambler's game, I’ll wait and see if 0.0000057 can hold before saying more. PEPE should be careful with this wave of correction, don’t chase the high. Happy when it rises, regretful when it falls, MEME coins are just like that... The resistance level at 0.0000078 is really tough, if it can't break through, it will be awkward. It should have been warned about the risks of this wave earlier, knowing your limits is a great saying, but many still go all in. Wait for the news, just looking at these technical indicators feels a bit虚.

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EntryPositionAnalyst

· 21h ago

Oh no, PEPE's recent correction is quite intense, and the trading volume has plummeted... I'm hesitant to chase with the RSI stuck around 60, I just feel there are more pitfalls ahead.

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HodlOrRegret

· 22h ago

Another wave of adjustment, and the plunge in trading volume indicates the momentum isn't as strong anymore. However, RSI is still holding up, so it seems some people are still firmly defending the bottom. If the 0.0000057 level breaks, it could be a good entry point, but the prerequisite is that you need to be mentally prepared—MEME tokens can skyrocket to sky-high prices or drop to zero overnight. Play it safe with light positions and don't gamble away your pants.

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