$PEPE Price Analysis
The price is currently trading above the short-term (MA7) and mid-term (MA25) moving averages, signaling upward momentum.High volume suggests strong market activity, likely driving the recent positive momentum.There are more sell orders in the market, which could indicate some selling pressure soon.
PEPE has shown strong long-term performance, but recent gains are more moderate.
Short-Term Prediction:
If the price holds above 0.00000997 (MA25) support, the upward trend could continue toward the 0.00001024 resistance. A break below this support may signal short-term correction.
Key Levels to Watch:
Support: 0.00000985 - 0.00000997
Resistance: 0.00001024
Recommendation:
Watch the price action around 0.00001024 resistance. If the market sustains buying interest, it could push higher. However, the sell-side bias (61.41% of the order book) suggests caution, as a pullback is possible. Consider using stop losses if you’re in a trade to manage risk.
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