Technical analysis of PEPE for December 29–31, 2024
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Key levels
Support: $0.0000000020 — an important level. A breakdown below will open the way to $0.0000000018.
Resistance: $0.0000000025 — a breakout above will lead to targets of $0.0000000028 and $0.0000000030.
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Indicators
RSI: Neutral zone (48). A breakout above RSI of 55 will strengthen the rise.
MACD: Indicates possible short-term growth.
Bollinger Bands: Contraction. A sharp exit from the range is possible.
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Scenarios
1. Bullish: Breakout at $0.0000000025 — rise to $0.0000000030.
2. Bearish: Breakdown at $0.0000000020 — drop to $0.0000000018.
3. Sideways: Range of $0.0000000020–$0.0000000025 will hold.
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Recommendation
Enter above $0.0000000025 or below $0.0000000020.
Set stop-loss: for long — $0.0000000023, for short — $0.0000000021.
An impulsive movement is expected.