Daily level technical analysis of PEPE/USDT:

1. Trend and pattern analysis

Price trend:

Price is currently at 0.000001057 and is bouncing off the recent low of 0.00000585 and gradually breaking above the short-term moving average.

The price has broken through the MA(25) (red line) and MA(99) (purple line), and the price continues to rise, showing a short-term reversal trend.

MACD:

The MACD indicator shows that the DIF line (green line) has crossed above the DEA line (red line), which is a common buy signal.

The histogram turns from negative to positive, indicating that the market's bullish momentum is gradually increasing.

RSI:

The RSI (relative strength index) is at 58.9, which is in neutral to strong territory. This means that it has not yet entered the overbought zone and there is still room for growth.

Volume:

Although the trading volume has decreased slightly compared with the previous period, it still maintains a certain level, indicating that the market activity is acceptable.

2. Current type analysis

The current pattern looks like a potential Cup and Handle or Double Bottom pattern:

Arc bottom: The price rebounds from a low point to form a smooth bottom shape, which usually indicates that the market is gradually accumulating and is preparing to move upward further.

Double bottom pattern: The price hits a similar support level twice and then rebounds, which also indicates an increased possibility of a reversal.

3. Target price and take profit and stop loss suggestions

Target price:

If this is a typical reversal pattern, such as a double bottom, you can calculate the height of the pattern to predict the target price:

Pattern height = 0.00001725 (previous high) - 0.00000585 (lowest) = 0.00001140

Target price = neckline level (approximately 0.00001042) + pattern height = 0.00001042 + 0.00001140 = 0.00002182

If the neckline level is broken and volume follows suit, an initial price target could be 0.00001364, with a further potential price target of 0.00001782.

Take profit price:

Short-term take profit: A gradual take profit may be considered when reaching around 0.00001364, which is a potential resistance level.

Mid-term take profit: If the price breaks through 0.00001364, the next take profit target can be set near 0.00001725.

Stop loss price:

It is recommended to place stops below the near-term support at 0.00000946, as a break below this support could signal the end of the short-term trend.