Technical Analysis of PEPE/USDT $PEPE

1. Price Trend:

Current price: 0.00002079 USDT, up +10.70% in 24 hours.

The price reached a low of 0.00001804 and a high of 0.00002170.

2. Moving Averages (MA):

MA (7): 0.00002069 (Short-term).

MA (25): 0.00001968 (Medium-term).

MA (99): 0.

00002022 (Long-term).

We notice that the current price is above all moving averages, indicating an upward trend in the short and long term.

3. Relative Strength Index (RSI):

RSI = 61.62, which is in the neutral zone but close to overbought levels (70). If it rises further, it may indicate a possible downside correction is imminent.

4. MACD:

The positive gap between the DIF line and the DEA line is increasing, which supports the continuation of the uptrend for the time being.

5. General Analysis:

The general trend seems positive with strong momentum in trading, but caution is required if the price approaches strong resistance levels (such as the previous high at 0.00002170).

Important support levels: 0.00002054 (near MA99) and 0.00001920.

Next resistance levels: 0.00002170.

Conclusion:

If you want to enter, try to buy at nearby support levels to reduce the risk.

Watch the RSI if it reaches 70 levels or above.

Use stop loss below support at 0.00001968.