$PEPE /USDT Technical Analysis – Price Action Under Scrutiny
$PEPE is currently trading at $0.00001725, showing a slight recovery from the recent dip to $0.00001663. Traders are watching closely as the price tests critical levels, signaling potential for a decisive move.
Bullish Target Points:
1. TP1: $0.00001784 (Short-term Resistance)
2. TP2: $0.00001828 (Key Resistance Zone)
Bearish Target Points:
1. TP1: $0.00001697 (Immediate Support)
2. TP2: $0.00001663 (Critical Support Zone)
Market Insight
PEPE is consolidating near key support levels, with RSI at a neutral 54, suggesting balanced momentum.
A breakout above $0.00001784 could initiate a bullish rally, while failure to hold $0.00001697 may lead to further declines.
Pro Tip:
Keep an eye on volume spikes to confirm breakout or breakdown scenarios. Trade cautiously in this volatile zone.