PEPE/USDT: Next Big Move? ๐
Market Overview
- Current Price: $0.00001483 USDT
- 24h Change: -1.79%
- 24h High: $0.00001522 USDT
- 24h Low: $0.00001313 USDT
- Volume: 811,252,610 PEPE
Technical Snapshot
- Support: $0.00001300 USDT, $0.00001313 USDT
- Resistance: $0.00001522 USDT, $0.00001550 USDT, $0.00001725 USDT
- Moving Averages: Price fluctuating around the 200-hour MA, suggesting potential support at $0.00001300 USDT.
Recent Action
PEPE dipped to $0.00001313 USDT, found support, and rebounded. Testing $0.00001483 USDT with increased volume signals buying interest.
Sentiment
- Bullish: Support holds and volume rebound.
- Bearish: Recent downward trend and below recent highs.
Short-Term Forecast
- Bullish: Hold above $0.00001450 USDT, break $0.00001522 USDT, target $0.00001550 USDT, and $0.00001725 USDT.
- Bearish: Drop below $0.00001450 USDT, retest $0.00001350 USDT, possible $0.00001300 USDT.
Mid-Term Forecast
- Bullish: Break $0.00001550 USDT, rally to $0.00001725 USDT.
- Bearish: Below $0.00001300 USDT, watch for $0.00001200 USDT.
Strategy
- Buy: $0.00001400 - $0.00001450 USDT, stop-loss below $0.00001300 USDT.
- Sell: $0.00001550 USDT and $0.00001725 USDT, keep stop-losses.
Summary: PEPE's at a critical point. Monitor key levels and adjust positions. Slight bullish bias due to support holds.
Disclaimer
DYOR (Do Your Own Research). This is my strategy based on the current analysis. Use these insights to form your own plan.
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