PEPE/USDT Chart Analysis Summary
Key Indicators:
Moving Averages (MA):
MA 7 close: 0.00000126
MA 25 close: 0.00000118
MA 99 close: 0.00000093
The price is above all MAs, indicating a bullish trend.
Ichimoku Cloud:
Leading Span A: 0.00000120
Leading Span B: 0.00000104
The price is above the cloud, signaling a bullish trend.
Bollinger Bands:
Upper Band: 0.00001302
Lower Band: 0.00001045
The price is within the bands, indicating stable price action.
Stochastic RSI:
K: 50.79
D: 50.79
Neutral, indicating neither overbought nor oversold conditions.
MACD:
MACD Line: 0.00000002
Signal Line: 0.00000018
Histogram: − 0.00000020
Bearish momentum with the MACD line below the signal line.
ADX: 20.00
Indicates a weak trend.
Balance of Power:
BOP: −0.36Indicates bearish market sentiment.
Market Sentiment:
Order Book Depth:
Buy Orders: Concentrated around 0.00000095.
Sell Orders: Concentrated around 0.00000137.
More sell-side pressure above the current price.
Conclusion:
The price is currently in a bullish trend, supported by moving averages and the Ichimoku cloud.
Immediate support is at 0.00000694 and 0.00000892.
Immediate resistance is at 0.00001089.
Neutral Stochastic RSI, weak trend by ADX, bearish MACD, and negative Balance of Power indicate mixed signals.
Monitor for a breakout above the resistance or support levels for future price action.
Happy Trading!!!😇
**Not a financial advice**
#pepe⚡ #PEPEAnalysis #pepecoin🐸 #BinanceSquareFamily #Write&Earn
$BTC RULES!!!!
