$PEPE /USDT Technical Update - Testing Key Resistance Levels
Current Price: $0.00001779 (+1.72%)
Key Highlights:
24H High: $0.00001793
24H Low: $0.00001663
Volume: 16.0T PEPE
Technical Overview:
$PEPE/USDT is displaying bullish signs, trading above the 7 EMA ($0.00001775) and 25 EMA ($0.00001756). However, the price faces immediate resistance near the 99 EMA ($0.00001840), with the recent rejection near $0.00001793 signaling profit-taking by short-term traders.
Support Levels: $0.00001750 | $0.00001700
Resistance Levels: $0.00001800 | $0.00001850
What’s Next?
A breakout above $0.00001800 could open doors to $0.00001850. Failure to sustain above $0.00001750 may lead to consolidation around $0.00001700.
Strategy:
Consider entries near $0.00001760-$0.00001780 with targets at $0.00001800 and $0.00001850. Use a stop-loss at $0.00001720 to manage downside risks.
Observation:
Volume trends suggest growing interest, but the price needs a decisive break above $0.00001800 to confirm continuation of the uptrend.
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