$PEPE /USDT Signal: Bullish Momentum
$PEPE has been on a strong bullish run, with the price surging over 5.85% in the last 24 hours. The 4-hour chart shows a clear uptrend, with higher highs and higher lows. The Relative Strength Index (RSI) is currently at 73.07, indicating overbought conditions. However, given the strong momentum, a potential breakout to new highs is possible.
Current Price: 0.00001828
Entry Price: 0.00001828 (Current Price)
Resistance Levels:
* Immediate Resistance: 0.00001999
* Strong Resistance: 0.00002000
Support Levels:
* Immediate Support: 0.00001828 (Current Price)
* Strong Support: 0.00001609
Take-Profit Targets:
* Target 1: 0.00001999 (Immediate Resistance)
* Target 2: 0.00002000 (Strong Resistance)
* Target 3: 0.00002100 (Potential Breakout Level)
Stop Loss: 0.00001441 (24-hour Low)
Caution:
While the current trend is bullish, it's important to exercise caution as the RSI is in overbought territory. Traders should monitor the price action closely for any signs of a potential reversal or consolidation. If the price breaks below the immediate support level, it could signal a bearish reversal
