$PEPE

/USDT Technical Analysis🚀🎯

Current Price: 0.00002169

24h High: 0.00002203

24h Low: 0.00001943

Bollinger Bands:

Upper Band: 0.00002195

Middle Band: 0.00002112

Lower Band: 0.00002028

SAR: 0.00002056

Key Levels

Resistance (Target 1): 0.00002200 – A break above the 24-hour high could signal continuation towards the upper Bollinger Band.

Resistance (Target 2): 0.00002300 – A further extension beyond 0.00002200 could set PEPE on a path toward this resistance level.

Support (Target 3): 0.00002000 – A strong support level near the lower Bollinger Band and SAR, which would provide a good entry point if the price dips.

Trade Signals:

1. Bullish Signal (Long Entry):

Entry: If the price breaks above 0.00002195 (upper Bollinger Band) and sustains above this level, consider entering a long position.

Target 1: 0.00002250

Target 2: 0.00002300

Stop Loss: Below 0.00002056 (SAR level).

2. Bearish Signal (Short Entry):

Entry: If the price drops below 0.00002028 (lower Bollinger Band) or the SAR level, consider a short position.

Target 1: 0.00001943 (24-hour low)

Target 2: 0.00001900

Stop Loss: Above 0.00002100 (middle Bollinger Band).

Momentum:

Bullish Momentum: With the current price near the upper Bollinger Band, momentum seems to be leaning bullish. A sustained breakout above 0.00002195 would confirm continuation towards 0.00002250 and possibly 0.00002300.

Bearish Momentum: If the price breaks below 0.00002028, momentum could shift bearish, with potential for a retracement to the lower levels at 0.00001943 or 0.00001900.

Conclusion:

Bullish Scenario: A break above the resistance at 0.00002195 could lead to further gains towards 0.00002300.

Bearish Scenario: A fall below 0.00002028 signals possible short-term downside toward 0.00001943 or lower.

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