🔥🎯🚀🚀$PEPE /USDT Technical Analysis and Trade Signal

Current Price: $0.00001869

Market Sentiment: Bearish Momentum

Trend: Short-Term Downtrend

Technical Indicators:

RSI: 40 (Indicating slightly oversold, but not yet at reversal level)

MACD: Negative, suggesting ongoing bearish momentum.

EMA (Exponential Moving Average): Price is below the 50 and 200 EMA, confirming the downtrend.

Support Level: $0.00001848 (24h Low)

Resistance Level: $0.00001954 (24h High

Trade Signal:

Sell/Short Position

Entry Point: $0.00001869

Stop Loss: $0.00001954 (Above recent resistance)

Target Levels:

1. Target 1: $0.00001810 (First Support Test)

2. Target 2: $0.00001760 (Next Key Support)

3. Target 3: $0.00001700 (Final Target for Major Drop

Trade Momentum:

Bearish Momentum: The market is showing consistent downward movement with low RSI, indicating a continuation of the bearish trend. MACD is also confirming this with a negative crossover.

Volume Analysis: The volume is steady, but no significant buying pressure has been detected. Keep an eye on volume spikes as they may signal trend reversal.

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