PEPE/USDT Tests Support at 0.00002000
$PEPE

Moving Averages

200-period SMA (15-minute Chart): The current price is above the 200 SMA at approximately 0.00001697, indicating short-term bullish momentum. As long as the price remains above this level, it may continue supporting upward movement.

Relative Strength Index (RSI)

Current RSI: Around 41.37, which is slightly below the midline, indicating neutral to mild bearish sentiment. This RSI level suggests there may be room for further upward movement if buying interest increases.

Moving Average Convergence Divergence (MACD)

MACD Line: -0.00000042Signal Line: -0.00000030Histogram: Negative (-0.00000011), indicating mild bearish momentum. The MACD line being below the signal line suggests a short-term downtrend, but the histogram is close to zero, showing weak bearish pressure.

Support and Resistance Levels

Immediate Resistance: Approximately 0.00002200, as seen in the second chart where the price has faced selling pressure. A breakout above this level with strong volume could indicate a continuation of the bullish trend.Local Support: Around 0.00002000, identified as a support area in the second chart. A move below this level, especially with high volume, could signal further downside.

Bullish/Bearish Scenarios

Bullish Scenario:

Break Above 0.00002200 Resistance: If the price breaks this level with strong volume, it could confirm a bullish continuation and lead to further gains.

Bearish Scenario:

Drop Below 0.00002000 Support: A move below this level with significant volume could confirm a bearish reversal.