Technical Analysis: $PEPE
/USDTAs PEPE/USDT continues to show volatility, traders should pay close attention to the following key price levels:Current Price: $0.0000103124h High: $0.0000111724h Low: $0.00001022Target Levels:1. First Target: $0.00001060 đŻThe first target level is identified at $0.00001060, which aligns with the 7-period moving average. A break above this level could indicate bullish momentum, suggesting a potential move towards higher resistance levels.2. Second Target: $0.00001100 đŻThis level acts as a psychological barrier and a critical resistance point. If PEPE can sustain trading above $0.00001100, it could attract more buyers and pave the way for a further rally.3. Third Target: $0.00001150 đŻThe third target at $0.00001150 is established based on historical price action and Fibonacci retracement levels. Achieving this target would confirm a strong bullish trend, giving traders more confidence in holding their positions.Market Context:Moving Averages: The 25-period moving average sits at $0.00001004, indicating potential support if the price retraces.Volume Analysis: The recent trading volume of 4.44 trillion PEPE suggests active market participation, indicating trader interest.As always, risk management is crucial, and traders should consider their individual strategies before making any trading decisions. Stay informed and trade wisely!
