#PEPEUSDT $PEPE

PEPE

Current Price: $0.00000787 (-7.95%)

The price of $PEPE is currently trading below the 200-period SMA, which typically signals a bearish trend. This indicates ongoing selling pressure, and the downward trend may continue if the price stays below this moving average.

• RSI: At 24.58, $PEPE is in oversold territory, suggesting a sharp decline. This could lead to a potential rebound or at least a pause in the downtrend due to overselling.

• MACD: The MACD line is at -0.00000006, below the signal line, indicating a bearish crossover and strong downward momentum.

Bullish Scenario:

If $PEPE finds support at its current level and rises above the 200-period SMA at $0.00000809, it could target resistance levels around $0.00000900 and $0.00001160.

Bearish Scenario:

If $PEPE continues to drop, the next support levels to watch are $0.00000750 and $0.00000700, where the price might stabilize before any further decline.

Disclaimer:

This analysis is for informational purposes only and is not financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research before making any investment decisions.

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