Cryptocurrency analysis #1000PEPE :

1. Price movement forecast (short-term):

The main movement is expected towards the level -0.27 (0.0208312), followed by a possible test of -0.62 (0.0211637). If the growth continues, the target will be -1 (0.0215248).

However, in the event of a correction, the first target will be support 0.0200995 (Fibonacci 0.5), with a subsequent possible decline to 1.618 (0.0190372).

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2. Long and short scenarios:

• 🟢 Long scenario (probability: 70%):

o The upward trend is confirmed by RSI (64.25), increasing volume, as well as SAR and the Ichimoku cloud. Movement towards levels 0.0208312 and above is expected.

• 🛑 Short scenario (probability: 30%):

o Possible upon price reversal from resistance levels (-0.27 or -0.62 by Fibonacci) with targets below 0.020000.

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⚠️ Conclusion:

1000PEPE demonstrates growth potential in the short term. It is recommended to open long positions at levels 0.020600 or after breaking through 0.0208312. However, there is a risk of correction to 0.0199555 — the Fibonacci 0.62 level.