🚨🚨$PEPE Market Analysis: Buy or Sell ? Long term and Short term👇 (BUY for Long term)

The chart reflects, at 4-hour timeframe, with a current price of $0.00002436, showing a 3.22% increase. Here’s a breakdown of the chart indicators and insights for both long-term and short-term strategies:

Key Observations:

The price is below the MA(7) and MA(25), indicating short-term bearish momentum but above the MA(99), suggesting long-term support.

2. Support and Resistance:

Immediate support: $0.00002312.

Resistance levels: $0.00002485 and $0.00002572.

A pullback(Sell) is visible after hitting resistance at $0.00002485.

3. Volume:

Strong 24-hour volume with 32.03T PEPE traded indicates significant activity but requires closer monitoring of directional bias.

4. Market Sentiment:

Buyer activity (52.20%) slightly outweighs sellers (47.80%), showing mild Bullishness.

Recommendations:

Short-Term Strategy (Swing Trading):

Action: Wait for a confirmed breakout or pullback.

If the price breaks above $0.00002485 with high volume, a buy opportunity is viable.

If it falls below $0.00002312, short-term traders may consider SELLING to avoid further downside.

Long-Term Strategy (Holding):

Action: Accumulate cautiously.(BUY)

The price above the MA(99) indicates that PEPE is maintaining long-term bullish potential. Investors looking for extended holding periods can consider dollar-cost averaging (DCA) near support levels around $0.00002312 or lower.

Conclusion:

For short-term, monitor for a breakout above $0.00002485 or breakdown below $0.00002312 for clarity.

For long-term, gradual accumulation near support levels aligns with maintaining a Bullish outlook.

Always combine technical analysis with market news and sentiment before making decisions.