PEPE/USDT Technical Analysis📊: Buying, Selling, and Stop Loss Targets 🎯
Current Price: 0.00002041 USDT
Support Level: 0.00001952 USDT
Resistance Level: 0.00002218 USDT
Trading Data:
24h High: 0.00002218 USDT
24h Low: 0.00001952 USDT
24h Volume (PEPE): 39.47T
24h Volume (USDT): 805.29M
Technical Analysis:
Price Trend: PEPE is down by -7.69%, showing bearish movement.
MACD: Bearish divergence with continued selling pressure.
RSI (Relative Strength Index): Approaching oversold territory, indicating a potential recovery zone.
Candlestick Patterns: Consolidation near the support level with smaller candles.
Step-by-Step Trading Strategy:
Buy Signal:
Entry zone: 0.00001960–0.00002000 USDT (near support).
Breakout entry: Above 0.00002220 USDT for bullish confirmation.
Sell Signal:
Take profit near 0.00002150–0.00002210 USDT (resistance).
Extended targets: 0.00002250–0.00002300 USDT if bullish momentum sustains.
Stop Loss:
Below 0.00001920 USDT to minimize potential losses.
Target Price:
Short Term: 0.00002150 USDT.
Medium Term: 0.00002250–0.00002300 USDT if the trend turns bullish.
Important Notes:
PEPE is trading near its critical support, suggesting a possible reversal zone.
Monitor market conditions and trading volume closely for signs of a breakout or further decline.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly.