$PEPE /USDT: Technical Analysis and Trade Signals

Current Market Overview:

Current Price: 0.00002397

24H Support Level: 0.00002306

24H Resistance Level: 0.00002478

Momentum: Bearish (short-term downtrend)

Technical Analysis:

1. Indicators:

RSI: Near 40, indicating mild overselling but not yet reversal territory.

MACD: Bearish crossover, suggesting further downside potential.

EMA Levels:

50 EMA: 0.00002430 (acting as resistance).

200 EMA: 0.00002340 (key support zone).

2. Trendline Analysis:

PEPE is trading near a critical support zone at 0.00002306. A breakdown could lead to further declines, while a bounce may trigger recovery toward resistance levels.

Trade Signals:

Trade Type: Short-term swing trade

Momentum: Mixed-to-Bearish

1. Entry Point:

Long Entry: 0.00002310–0.00002330 (near support).

Short Entry: 0.00002450–0.00002470 (near resistance).

2. Targets 🎯 (for Long Trade):

Target 1: 0.00002410 (minor resistance).

Target 2: 0.00002450 (50 EMA zone).

Target 3: 0.00002485 (24H high).

3. Stop-Loss:

For Long: 0.00002280 (below support).

For Short: 0.00002500 (above resistance).

Trade Momentum Strategy:

Bullish Momentum: If the price sustains above 0.00002410, it could signal a breakout toward 0.00002485. Monitor RSI for crossing above 50.

Bearish Momentum: If the price breaks below 0.00002306, expect a decline toward 0.00002250 or lower.

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