PEPE is showing relative strength as the crypto market struggles: its daily trading volume rose 212% in 24 hours and its price bounced by 5.45%. Price compression on the four-hour chart and repeated tests of the supply zone between $0.0000050 and $0.0000052 indicate a possible upside breakout. OBV remains on an upward trajectory, showing steady buying pressure on PEPE. The memecoin must nevertheless clear the $0.0000052 resistance and the September swing high of $0.00000536 to confirm its breakout. Over the past seven days, PEPE gained 5.13%, while the memecoin sector fell 7.3% and Dogecoin declined by 8.1%.
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