$PEPE
Binance Technical Analysis: PEPE/USDT – Key Support and Resistance Levels
🚀 Current Price: 0.00001804 USDT (≈ Rs 0.00503442)
🔻 24h Low: 0.00001788 | 🔺 24h High: 0.00002044
📉 24h Volume (PEPE): 21.38T | 📊 24h Volume (USDT): 403.75M
Overview:
PEPE/USDT has been experiencing some volatility recently, with a decline of -10.87% over the last 24 hours. Currently, the price stands at 0.00001804 USDT, and we can observe significant trading volume, with over 21 trillion PEPE tokens traded. As a meme coin, it’s important to monitor its short-term price fluctuations and volume closely for possible breakout opportunities.
Key Levels to Watch:
1. Support Level – 0.00001782
The price is currently hovering around 0.00001804, but the next major support zone is 0.00001782. This level has been tested multiple times and could serve as a potential buy zone for traders looking to catch a bounce. A breach of this support could lead to further declines.
2. Resistance Level – 0.00001899
The first major resistance is at 0.00001899. If the price rises past this level with substantial volume, it could signal an uptrend and set the stage for further gains. Keep an eye on price action around this zone for confirmation of a bullish move.
3. Upper Range – 0.00002044
The 24-hour high of 0.00002044 represents the ultimate resistance point. If PEPE/USDT manages to break through 0.00001899 and show strong momentum, 0.00002044 could be the next target. A sustained move above this level could indicate a potential continuation of the upward trend.
Indicators:
MA(5): 220,543,802,864
MA(10): 236,573,076,347
Volume: 104B – This indicates significant market participation, though it’s still lower than ideal for a strong directional move.
MACD, EMA, and BOLL: Mixed signals are indicating some consolidation, so caution is advised before taking any aggressive positions.
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