$PEPE /USDT Technical Analysis and Trade Signals

PEPE

0.00002579

+16.96%

Current Price: $0.00002488 (+14.76%)

Momentum Analysis

Trend: Bullish (Strong upward momentum observed after breaking resistance at $0.00002350)

Indicators:

RSI (14): Overbought zone (above 70), indicating caution for new entries.

Moving Averages (MA):

50 EMA: $0.00002200 (Support level)

200 EMA: $0.00002050 (Major support)

MACD: Bullish crossover with strong positive histogram.

Trade Signals

Entry Zone:

Aggressive Entry: $0.00002480 - $0.00002500

Safer Entry: $0.00002350 (wait for retracement if RSI cools down)

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Targets 🎯:

1. Target 1 (Short-Term): $0.00002560

Likely resistance at Fibonacci 1.618 extension level.

2. Target 2 (Mid-Term): $0.00002650

Strong resistance zone; profit-booking expected here.

3. Target 3 (Long-Term): $0.00002800

Bullish breakout level if market remains favorable.

Stop-Loss:

For Aggressive Traders: $0.00002350 (previous breakout level)

For Conservative Traders: $0.00002110 (24h low support level)

Momentum Summary:

Short-Term: Positive momentum with potential pullbacks due to overbought RSI.

Long-Term: Bullish, supported by high trading volume and meme coin interest.

Disclaimer: Always perform your own research and use risk management in trading.

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