Pepe (PEPE) is currently trading at $0.00000952, experiencing a robust 24-hour price increase of approximately 9.17%. The asset has demonstrated significant volatility in this timeframe, with a daily range of $0.00000108 between a high of $0.00000974 and a low of $0.00000866, indicating strong trading interest.

Trading volume for the past 24 hours stands at 1,086,311,152, representing a healthy 27.13% of its market cap. The consistent volume suggests solid market participation, reinforcing the upward momentum observed in the price.

Technical indicators also support the bullish sentiment, with the hourly moving averages showing a consistent upward trajectory; the 8 SMA is at $0.00000888 (+7.18%), while the 144 SMA sits at $0.00000833 (+14.34%). The one-hour RSI at 66 indicates that the asset is approaching overbought conditions, though it remains below the critical threshold of 70.

Over a longer timeframe, the 7-day RSI is at 61, which suggests that PEPE still has room for further appreciation without being overbought. The 7-day price change of 30.01% and the 14-day price change of 38.60% highlight the strong bullish trend, particularly in the short to medium term.

Despite the strong performance, the asset is currently trading well below its all-time high of $0.00002803, reached on December 9, 2024, indicating potential upside for long-term holders. Given the positive short-term indicators and the potential for continued growth, combined with substantial volume, the market appears to be favoring further upward movement.

In conclusion, based on the current technical indicators, trading volume, and momentum, the rating for PEPE is a Buy. The combination of a bullish trend, increasing price momentum, and favorable technical setups suggests that the asset is positioned for further gains in the near term.