📊 Technical Analysis: PEPE/USDT on Binance - Price Action & Key Targets 🎯
🚀 Current Price: 0.00000873 PEPE/USDT
📈 24h Change: +8.85%
💥 Volume: 20.79T PEPE, 170.83M USDT
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Key Observations:
PEPE/USDT has been showing a solid upward momentum, maintaining a positive 24-hour change of +8.85%. Currently priced at 0.00000873, it remains near its recent high of 0.00000882, reflecting strong buying interest in the market.
Key Levels to Watch:
1. Support Level:
0.00000771 (24h Low) – A strong support level, which could act as a potential entry point if price retraces. If this level holds, PEPE may attempt to bounce back and continue the upward trend.
2. Resistance Level 1:
0.00000811 (Parabolic SAR) – The Parabolic SAR indicates a slight pullback, but as long as the price stays above this level, the upward trend remains intact. Watch for potential rejections here, which could signal further upward movement.
3. Resistance Level 2:
0.00000882 (24h High) – The immediate resistance where PEPE has recently peaked. A breakout above this level could open the doors for further bullish momentum toward higher targets.
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Bullish Outlook:
If PEPE breaks above 0.00000882, the next logical target could be around 0.00000908, where previous highs were observed.
Bearish Outlook:
A drop below the support at 0.00000771 could lead to further retracement towards 0.00000764 and possibly lower.
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