๐๐๐ Analysis of the trio PEPE, NOT and PEOPLE ๐๐๐
1๏ธโฃ As we see that PEPE rose within a few days and then fell again, so let us review the important areas, the resistance area, and the most important one was the 0.00001325 area and it failed there. I spoke about it one month ago about this area also, the 0.00001291 area. Now PEPE is in the rebound or decline zone, so the probability of a simple rebound or decline is 0.00001166. To areas of 0.00001090, and the RSI 1D is bearish, so a 75% rebound is expected, and the RSI is 47.66, and a negative area is very close to 46.27. The possibility of a rise or the possibility of a violent decline, so a rebound is now expected due to the 4H closing during the coming hours, and on the 4H, the 45.24 area is now broken in the 44.24 area. It is very possible to retest the rise again, then rise or fall
2๏ธโฃ As we see that NOT. It is bearish, like PEPE, but the possibilities of rising are not certain, so it is expected to rebound from the 0.01440 area and continue the rise to the 0.01492 areas. The goal is to break through the 0.01600 area, but in the event of a decline, the 0.01440 area and the 0.01378 area and breaking the last area downward, these are the next consolidation areas from 0.01370 to the 0.01241 area, then the second consolidation area. 0.01241 to 0.01119 until the 0.01060 area, so these are the important areas. I am on negative indicators that need a week and a good close.
3๏ธโฃ We also see that PEOPLE is negative, despite its remaining above the 0.09000 area being positive for the currency in any case. Any closing below the 0.08700 area is negative for the currency, whether a daily or weekly close. However, any red candles should be avoided and closed if they appear, as this is always negative, except if it is an inverted hammer or hammer. PEOPLE also supports the 0.08300 area and the 0.08000 area, and any break after this targets the 0.07300 area.
