PEPE Strong Rebound: Will It Hit a High or Retrace for Consolidation?

Market Analysis

PEPE Current Price $0.00002526, surged 16.67% in 24 hours, reaching an intraday high of $0.00002694 before retracing. Current RSI(6) shows 69.28, close to the overbought zone, short-term caution is needed for retracement risks. Trading volume has significantly increased, funds are active, and the short-term trend remains strong, but upward pressure is apparent.

Support and Resistance Levels

Support Levels:

$0.00002438

$0.00002141

$0.00001885

Resistance Levels:

$0.00002694

$0.00002735

$0.00002900

Short-Term Trading Strategies#PEPE创新创历史新高

Long Position Strategy

Entry Level: $0.00002438

Add Position Level: $0.00002141

Stop Loss Level: $0.00001885

Multi-Level Take Profit Levels: $0.00002694, $0.00002735, $0.00002900

Short Position Strategy

Entry Level: $0.00002694

Add Position Level: $0.00002735

Stop Loss Level: $0.00002900

Multi-Level Take Profit Levels: $0.00002438, $0.00002141, $0.00001885

If PEPE can effectively break through the resistance at $0.00002694, it may quickly challenge $0.00002900 or even higher positions; but if it retraces below $0.00002438, it may enter a consolidation phase in the short term, with target support looking towards $0.00002141.

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