$PEPE

PEPE Price Analysis: The Tug of War is About to Determine the Outcome!

PEPE is currently hovering around the critical resistance level of $0.000024, with both bulls and bears engaged in fierce competition, the next step may determine the trend direction!

Upside Potential

If it holds above $0.000024: Bulls will have the opportunity to gain momentum, targeting $0.0000355, and even challenging the high of $0.000046.

Downside Risk

If it breaks below $0.000024: It may pull back to the 20-day moving average in the short term, and if it further breaks below $0.000023, bears may take control, and the PEPE price may test the support zone of $0.000021-$0.000017.

Operational Advice

Bullish Strategy: Pay attention to whether it breaks through and stabilizes above $0.000024; once the breakout is confirmed, one can follow the trend.

Bearish Strategy: If the price falls back and loses key support, bears may welcome greater space, and one can consider positioning at opportune moments in the short term.

Friendly Reminder: The RSI indicator is currently overbought, indicating adjustment pressure, so be cautious when chasing prices; the gain or loss of support levels is crucial! Wait for signal confirmation and don't be fooled by false breakouts!