$PEPE medium-term trend PEPE/USDT

• Overall trend: PEPE/USDT is in a medium-term upward trend, supported by the price position above EMA 20 and EMA 50.

• Important resistance: The price is approaching a strong resistance area at 0.00002163 (Fibonacci 0.236). If it surpasses this area, the next target is 0.00002500.

• Key support: The medium-term support areas are 0.00001893 (Fibonacci 0.382) and further down at 0.00001675 (Fibonacci 0.5).

• Market momentum: RSI 59 indicates that upward momentum is still maintained, but the decreasing trading volume suggests that the upward trend may be weakening.

Conclusion:

The medium-term trend of PEPE/USDT remains bullish, but the price needs to break through the resistance at 0.00002163 to confirm the continuation of the uptrend. Otherwise, there is a high possibility that the price will correct to the support area of 0.00001893 for accumulation.