Technical Analysis for $PEPE

/USDT💯🔥

Current Price: 0.00001821 USDT

Trend: Neutral to Slightly Bullish (up 1.45% in 24 hours)

Support Level: 0.00001746 USDT

Resistance Level: 0.00001844 USDT

Key Indicators:

RSI (Relative Strength Index): Slightly below 70 (Possible overbought condition but still maintaining strength)

Moving Averages: Price is holding above the short-term moving averages, suggesting bullish momentum.

MACD (Moving Average Convergence Divergence): Bullish crossover confirmed.

Trade Signal

Trade Type: Buy

Entry Price: 0.00001821 USDT

Target Levels 🎯

1. Target 1: 0.00001844 (previous resistance)

2. Target 2: 0.00001875 (next resistance level)

3. Target 3: 0.00001900 (potential breakout level)

Stop Loss: 0.00001746 (support level)

Momentum

The momentum is slightly bullish, supported by a recent 1.45% price increase, and a confirmation from technical indicators like MACD and RSI suggesting continuation potential, though it remains close to overbought conditions. Keep an eye on potential retracements at support levels before a break towards the higher target levels.

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