Binance Technical Analysis: $PEPE
/USDT
The PEPE/USDT pair has been experiencing a positive momentum, with the price currently at 0.00001839, reflecting a +4.49% increase in the last 24 hours. Let’s dive into the technical details.
Key Levels to Watch:
Support Level: 0.00001726 (24h Low)
Resistance Level: 0.00001843 (24h High)
Recent Performance:
1 Hour: +2.17%, signaling short-term bullish momentum.
7 Days: +11.45%, showing an upward trend over the past week.
30 Days: -7.82%, a slight dip that could indicate potential consolidation.
90 Days: +64.93%, a strong positive trend, suggesting longer-term growth potential.
Volume Insights:
24h Volume (PEPE): 13.05T
24h Volume (USDT): 233.49M
High trading volume supports the upward trend, and it will be crucial to monitor the volume spikes for any signs of trend reversal.
Chart Setup:
Currently, PEPE/USDT has been consolidating within a range between 0.00001750 and 0.00001850, with a slight push towards the upper resistance zone. The next breakout above 0.00001843 could signal further bullish movement, possibly targeting 0.00001900.
Conclusion:
PEPE/USDT is maintaining an overall bullish outlook, but as always, pay attention to the support and resistance levels to guide your trades. Strong volume could provide additional confirmation of price action, making this one to watch in the coming hours and days.
Stay tuned for more updates, and always trade smart! 🚀