$PEPE /USDT Technical Analysis

Current Price: $0.00001869 (+2.69%)

Timeframe: 30-minute chart (Binance)

Key Levels & Targets

1. Immediate Resistance:

Target 1: $0.00001900

A break above $0.00001900 may signal a potential short-term uptrend. Look for increased buying volume for confirmation.

2. Mid-Term Resistance:

Target 2: $0.00001950

Sustained momentum above $0.00001950 could push the price to test this level, which aligns with recent highs.

3. Long-Term Resistance:

Target 3: $0.00002000

Breaching $0.00002000 could indicate strong bullish sentiment and open the door for further upside moves.

Action Plan

Short-Term Traders: Consider partial profit-taking near $0.00001900 and $0.00001950.

Swing Traders: Target $0.00002000 with a stop-loss below $0.00001850.

Risk Management: Protect positions with stop-losses under $0.00001850 to minimize downside risk.

Technical Indicators

Momentum: Consolidating near critical support levels.

Trend: Mild recovery with potential breakout above resistance.

Support Levels: $0.00001850, $0.00001800.

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