$PEPE /USDT technical analysis and trade signal for
Technical Analysis for PEPE/USDT
Current Price: 0.00001872 USDT
Trend: Bullish (3.60% increase in the last 24 hours)
Support Levels:
0.00001745 USDT (24h Low)
0.00001770 USDT (Minor Support)
Resistance Levels:
0.00001912 USDT (24h High)
0.00001950 USDT (Key Resistance)
Momentum:
The positive momentum indicates a possible continuation of the upward move in the short term.
RSI is likely showing an upward bias, but it’s important to watch for overbought conditions as PEPE/USDT reaches higher levels.
Trade Signal & Targets:
1. Entry Point: 0.00001850 USDT (around the current price)
Wait for a slight pullback near 0.00001850 to enter.
2. Target Levels:
Target 1: 0.00001912 USDT (24h High) 🎯
Target 2: 0.00001950 USDT (Resistance Level) 🎯
Target 3: 0.00002000 USDT (Psychological Resistance Level) 🎯
3. Stop Loss: 0.00001745 USDT (below the 24h low to minimize risk)
Trade Momentum:
Short-Term Momentum: The trend is currently bullish, with PEPE/USDT making higher highs. Watch for any signs of a correction once the price approaches resistance levels.
Volume: Healthy volume supporting the upward move, suggesting strong buying interest.
Note: As with any trade, make sure to monitor market conditions regularly. If there’s any sign of reversal, consider adjusting stop-loss or taking profits early.