đ°Â $PEPE Signal đŻ
âťď¸Â Technical Analysis:
Support and Resistance Levels:
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⢠Primary support level: 0.0000907
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⢠Key resistance level: 0.0001725 - 0.0001754
Technical Indicators:
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â˘Â MACD: Exhibits a negative crossover, suggesting a potential short-term price decline. However, the histogram displays minimal selling pressure, hinting at a possible upcoming trend reversal.
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â˘Â Stochastic RSI: Currently in the oversold territory, indicating a potential upward bounce in the near future.
**Liquidation Heatmap**:
⢠Support level: Approximately 0.010, identified as a region of low liquidation activity on the heatmap.
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⢠First resistance level: Approximately 0.012, identified as a high liquidation point.
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⢠Second resistance level: Approximately 0.014, identified as a medium liquidation point.
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⢠Third resistance level: Between 0.016 and 0.018, identified as a very high liquidation point.
âťď¸Â Trading Strategy:
1. **Entry Points**:
⢠Consider entering at the primary support level: **0.0000907**
⢠Consider entering upon a breakout above **0.0001100** to validate the upward trend.
2. **Exit Points**:
⢠Consider exiting at the key resistance level: **0.0001725 - 0.0001754**
⢠Consider exiting if the price fails to uphold the support level at **0.0000907**.
3. **Stop Loss**:
⢠Consider setting a stop loss at **0.0000850** to mitigate losses in the event of a trend reversal.
âťď¸Â Expectations:
⢠**Upward Trend**: If the price breaks above **0.0001100**, it may aim for the resistance levels between **0.0001725 and 0.0001754**.
⢠**Downward Trend**: If the price fails to uphold the support level at **0.0000907**, it may gravitate towards lower levels.
This situation warrants close monitoring to capitalize on potential movements.
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