$PEPE /USDT Technical Analysis & Trade Signal🚀🚀🚀🎯🎯🎯
Current Price: 0.00002322 (-1.86%)
Key Levels:
Support: 0.00002290
Resistance: 0.00002462
Technical Indicators:
SAR (0.02, 0.2): 0.00002350 – signaling potential upward movement.
Momentum: Bearish in the short-term but could see a reversal with a break above resistance.
Trade Signal:
Trend: Currently showing a downward trend with the price at 0.00002322. The support at 0.00002290 is crucial for the next move.
Risk: Short-term downtrend risk remains, but breaking above resistance could reverse momentum.
Target Levels:
1. First Target (T1): 0.00002400 (Resistance Breakout Level)
If the price breaks above 0.00002350, the next target will be 0.00002400, which aligns with the recent resistance.
2. Second Target (T2): 0.00002450 (Extension Level)
A continuation above 0.00002400 could lead to the next resistance at 0.00002450, offering significant upside.
3. Third Target (T3): 0.00002500 (Psychological Resistance)
A further extension could push the price to 0.00002500, a key psychological level that might trigger profit-taking or increased selling pressure.
Trade Momentum:
Short-Term Outlook: Bearish due to the negative percentage in the last 24 hours and current SAR signal, but could flip bullish if price holds above 0.00002290.
Long-Term Outlook: Potential bullish trend if the price closes above 0.00002350, especially targeting 0.00002500.
Actionable Trade:
Buy Signal: If price crosses above 0.00002350 with strong volume.
Sell Signal: Consider shorting or taking profit near 0.00002450 or higher if resistance is met.
Stop Loss (SL): 0.00002280 (below the support zone)
Take Profit (TP): 0.00002450 and 0.00002500
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