PEPE's price is at a critical point, so let's look at its support levels, RSI indicators, and volume profile to figure out what might happen next.
Support Levels:
- Immediate support is at 0.000001430.
- Secondary support is at 0.000001393.
- Strong foundational support is at 0.0000011500.
Current Price: PEPE is holding at 0.000001470, close to the critical support zone.
RSI Indicators:
- Current RSI: 48.24 (getting close to neutral).
- RSI Trend: It's slightly going up from being oversold.
Volume Profile Analysis:
- There's high volume at resistance, which is at 0.000001619, showing a lot of selling pressure.
- At support levels, there's volume concentration, suggesting there might be interest in buying around the 0.000001430 level.
Trading Strategy:
- Keep an eye on support levels at 0.000001430 and 0.000001393 for possible rebounds.
- Watch for oversold conditions in the RSI to find chances to buy.
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