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Pepe price jumps 25% but overbought RSI warns of pullback

Pepe price jumps 25% but overbought RSI warns of pullback

Pepe price surged nearly 25% on Sep. 21 as the meme coin cleared a major resistance level, although an overbought 4-hour reading raises the risk of a short-term pullback.

Summary

  • PEPE price rose 24.75% on the daily chart and traded near $0.00000499.
  • Price broke above $0.00000458, a level identified as a key structural barrier.
  • The 4-hour RSI reached 82, placing PEPE deep in overbought territory.
  • Liquidation data show large leverage clusters below the market near $0.00000360.

According to data from crypto.news, Pepe (PEPE) price traded around $0.00000499 at the time of writing after reaching an intraday high of $0.00000515. The rally lifted the meme coin by 24.75%…

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