Bome looks promising is below the initial opening price is it worth buying? as it is below its average price since opening

$PEPE /USDT Technical Analysis & Trade Signal🚀🚀🔥🔥🔥


Current Market Data

Current Price: $0.00001848

24h High: $0.00001849

24h Low: $0.00001441

Volume (24h): 54.56T PEPE / 886.70M USDT

Technical Indicators

1. Moving Averages:

EMA 20 (Short-Term): Bullish crossover indicating upward momentum.

EMA 50 (Medium-Term): Confirming a bullish trend continuation.

2. RSI (Relative Strength Index):

Currently at 68 – nearing the overbought zone, indicating strong buying pressure but also caution for potential pullbacks.

3. MACD:

Positive divergence with a bullish histogram, signaling upward momentum.

4. Support Levels:

S1: $0.00001650

S2: $0.00001450

5. Resistance Levels:

R1: $0.00001850

R2: $0.00001920

Trade Signal

Recommendation: Buy on breakout above $0.00001850 or Buy on dip near support zones.

Momentum: Bullish

🎯 Target Levels

1. Target 1: $0.00001900 (Short-Term)

2. Target 2: $0.00002050 (Medium-Term)

3. Target 3: $0.00002200 (Long-Term)

Stop-Loss: $0.00001650 (Below key support zone)

Trade Plan

Entry Strategy:

Enter near $0.00001850 for a breakout.

Add more positions near $0.00001650 if the price dips.

Exit Strategy:

Book partial profits at each target to secure gains.

Trail stop-loss as the price progresses.

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