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$PEPE Currency recommendations

General trend:

Current price: 0.00002436 🔼 (+3.31%).

The chart indicates a sideways movement with a slight bearish bias in the short term after the price reached the resistance at 0.00002836.

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Technical indicators:

1. RSI (Relative Strength Index):

Current value: 31.31.

It indicates an oversold condition, which may mean that the price is close to a bounce if demand starts to increase.

2. MACD:

DIF: 0.0000015

DEA: 0.0000026

The indicator reflects weak positive momentum, suggesting that the recovery could be slow unless volumes increase.

3. Stochastic RSI:

Current value: 0.00 ⚠️.

At a very low level, reflecting a decrease in momentary momentum, and perhaps the price approaching a reversal point.

4. Volume:

Current size: 876.91 billion.

Volume is relatively high, which could mean the price is at high levels of interest, especially near support.

5. Moving Averages (MA):

MA(7): 0.00002477 (nearest resistance).

MA(25): 0.00002474.

The price is close to its averages, indicating a sideways movement waiting for a breakout or breakout.

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Main levels:

Support:

1. 0.00002288 (Instant Support) 🛡️.

2. 0.00002034 (major and strongest support).

Resistance:

1. 0.00002477 (resistance from 7-day average).

2. 0.00002582 (strong resistance).

3. 0.00002836 (recent high).

Possible scenarios:

1. Ascent scenario:

If the price breaks 0.00002477 with increased volume, it may target the next resistance at 0.00002582 and possibly exceed it towards 0.00002836 $PEPE .

2. Landing scenario:

If it breaks the support at 0.00002288, it may drop to 0.00002034, where strong demand could emerge.

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Recommendations:

1. For buyers:

Buy at support 0.00002288 if strong bounce signs appear.

Entry is possible after confirmation of the breakout of 0.00002477 with a large trading volume.

2. For Sellers:

Profit can be taken at the resistance 0.00002582 or at 0.00002836 if the price reaches it $PEPE .

3. Risk Management:

Place stop loss orders below the support level 0.00002288 to avoid big losses.