📊 Technical Analysis: $PEPE
/USDT
The PEPE/USDT pair has shown notable volatility, making it an interesting asset for traders. Let's break down the price action and highlight three key targets to watch for in the coming hours.
1️⃣ Target 1: 0.00001880 USDT
The 24h high of 0.00001880 has proven to be a strong resistance point. If the price breaks through this level, we could see further bullish momentum toward the next target.
2️⃣ Target 2: 0.00001900 USDT
A possible extension of the upward trend could take us to 0.00001900. This level would mark a key psychological resistance point and could trigger profit-taking from short-term traders.
3️⃣ Target 3: 0.00001756 USDT (Support)
On the downside, if the price fails to sustain the bullish trend, the 24h low at 0.00001756 serves as a critical support level. A drop below this could signal a potential bearish reversal.
Keep an eye on these levels to make informed trading decisions. Always trade carefully and manage your risks!
Let me know if you'd like adjustments or more details on the analysis!