$PEPE coin market instructions and analytics for last 24H (30/11/24 - 01/12/24), and what will happen in next 24H. good and bad news
đž PEPE Market Analysis (01/12/24): Last 24 Hours & Next 24-Hour Forecast
đ Performance Overview: Last 24 Hours (30/11/24 - 01/12/24)
1- Price Movement: $PEPE increased by 9.86% in the past 24 hours, indicating strong bullish momentum.
2- High/Low:â
High: $0.00002333
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Low: $0.00002006
3Volume: 40.37 trillion PEPE traded, equivalent to $877.4 million in USDT.
đ§ Key Observations:
1- Positive Momentum:
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The price is trending upwards, supported by high trading volume.
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The 9.86% gain suggests robust buying interest.
2-Resistance Zone:
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Near $0.000025: If $PEPE breaks above this level, expect further upward momentum.
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Short-term pullbacks might occur if the price faces selling pressure near this level.
3- Support Level:
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Around $0.000020: This is a crucial zone to monitor for potential corrections.
4- Order Book Analysis:
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Buy Orders: Strong demand at current levels.
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Sell Orders: Resistance increasing near $0.00002255 - $0.00002258.
đź Next 24-Hour Forecast (02/12 - 03/12):
1- Bullish Scenario:
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If volume remains high and breaks the $0.000025 resistance, could test new highs.
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Positive sentiment could drive prices up 10%-20% if momentum sustains.
2- Bearish Scenario:
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If volume drops or a market correction occurs, a pullback to $0.000020 or lower is possible.
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Watch for profit-taking near resistance levels.
đą News & Sentiment Impact:
1-Good News:
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Market Interest: Increased volume suggests traders are actively involved.
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Technical Support: Bullish indicators suggest upward potential.
2-Bad News:
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Volatility Risk: Sharp gains may lead to sudden corrections.
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Overbought Signals: Price could face downward pressure if traders start profit-taking.
â ïž Recommendation:
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Short-term Hold: Consider holding if the bullish trend continues above $0.000023.
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Watch Closely: Set stop-losses near $0.000020 to manage risk.