$PEPE
/USDT Technical Analysis 🎯
Current Price: $0.00001940 (-2.17%)
24h Range: $0.00001834 - $0.00002076
Volume (24h): 30.35T PEPE | $594.88M
PEPE is showing bearish momentum in the short term, trading near its 24h low. Here’s a detailed technical outlook with three potential targets:
Target 1: $0.00001800 (Support Zone)
If the selling pressure continues, PEPE may test this strong support level. This zone aligns with previous price consolidation and could attract buyers for a rebound.
Target 2: $0.00002050 (Resistance Zone)
A recovery may push PEPE toward this resistance level. Traders can expect selling activity here due to high trading volume near this price in the past.
Target 3: $0.00002200 (Breakout Zone)
Breaking above $0.00002076 could signal a bullish reversal, targeting $0.00002200. This level represents a key psychological barrier and aligns with historical highs.
Trading Signals:
Bullish Scenario: A breakout above $0.00002050 with strong volume could trigger further upward momentum.
Bearish Scenario: Failure to hold $0.00001800 may lead to extended declines.
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