PEPE/USDT is in a correction phase with increased selling pressure, which is a clear demonstration of the volatility of the crypto market. Trading history has always shown that meme coins often have sharp increases and decreases in a short period of time. This emphasizes the importance of careful analysis before making investment decisions, especially during red market periods.

The current price of PEPE/USDT is 0.00001758, down 2.87% in the last 24 hours. The intraday high was 0.00001900, while the lowest price was 0.00001745. Important resistance levels are located at 0.00001813 (middle Bollinger Band) and 0.00001885 (upper band), while the nearest support is at 0.00001741. RSI is at 25.32, in the oversold zone, indicating a possibility of a short-term upward correction. MACD is still negative and has not shown a clear reversal signal.

The appropriate trading strategy in this situation is to buy in small increments around the price zone of 0.00001741. The profit target is placed at the resistance zone of 0.00001813 or higher if the market recovers strongly. Stop loss should be placed below 0.00001700 to minimize risk when the downtrend continues.

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