The post PEPE Shows Strong Bounce trading at $0.000005978 from Demand Zone Indicating Continued Speculation appeared on BitcoinEthereumNews.com.

Key Insights: PEPE bounces from key demand zone, suggesting continued market activity and potential recovery. RSI rising to 59.59 signals reduced selling pressure, with buying momentum strengthening. Expanding trading volume indicates sustained speculation, with traders monitoring PEPE’s future price movements. PEPE Shows Strong Bounce from Demand Zone Indicating Continued Speculation PEPE, a popular meme-based cryptocurrency, has recently displayed a strong bounce from a key demand zone. Currently trading at $0.00000596, PEPE’s recovery has caught the attention of traders. PEPE has experienced fluctuations in price, with its 24-hour trading volume reaching $506M. Despite a 1.94% drop in the last 24 hours, the trading volume shows that there is still considerable interest in the token. Bounce from Demand Zone Signals Market Activity PEPE price experienced a significant bounce after testing key support levels. Based on CyrilXBT, this price movement indicates that demand for the token is still present, which is crucial for any potential recovery. The bounce occurred after the price hit a demand zone, suggesting that there is still interest from traders despite the earlier downward trend. PEPE price movement and potential Surge | Source: X The market volume during this recovery has expanded, which is often seen as a sign of active trading and potential future price movement. As PEPE bounced off this level, it confirmed that there was still liquidity in the market. This bounce, combined with expanding volume, indicates that PEPE may continue to see speculation, even after periods of bearish momentum. Market Sentiment Shifts as RSI Shows Recovery Meanwhile, the RSI for PEPE currently stands at 59.59, reflecting a shift from bearish to a more neutral or bullish sentiment. An RSI in this range indicates that the selling pressure may have eased, and buying momentum is starting to return. RSI Shows Recovery | Source: TradingView As the…

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Filed under: News - @ January 10, 2026 4:23 pm