Pepe (PEPE) is currently trading at $0.00001004, reflecting a 3.36% increase over the past 24 hours. The price is hovering near the recent daily high of $0.00001017, indicating a bullish sentiment in the short term, while the daily range remains tight at $0.0000005.

The trading volume of 594,942,566 PEPE signifies robust market interest, with a volume-to-market cap ratio of 14.07%, suggesting active trading conditions. The moving averages provide a mixed signal; the 8 SMA is slightly negative at -0.04%, while the longer-term averages, like the 144 SMA, show a stronger positive trend of 7.07%, indicating upward momentum over a longer period.

The 1-hour RSI at 75 indicates that PEPE may be entering overbought territory, which could lead to a short-term pullback. However, the 7-day RSI at 57 suggests that there is still room for growth, as it sits below the overbought threshold of 70.

From a price change perspective, the 7-day increase of 6.14% demonstrates positive short-term performance, while the 14-day decline of 12.05% reflects recent volatility. The 30-day change shows a modest gain of 5.42%, indicating a potential recovery trend.

PEPE's all-time high stands at $0.00002803, reached on December 9, 2024, suggesting significant upside potential if bullish momentum continues. However, the proximity to the current price raises questions about the sustainability of recent gains in light of the 1-hour RSI.

Based on this analysis, I recommend a Hold rating for PEPE. While there are signs of short-term upward momentum, the overbought condition and mixed moving average signals suggest caution before making any new purchases.