💰 $PEPE Signal 🎯

◻ Technical Analysis:

Support and Resistance Levels:

 

‱ Primary support level: 0.0000907

 

‱ Key resistance level: 0.0001725 - 0.0001754

Technical Indicators:

 

‱ MACD: Exhibits a negative crossover, suggesting a potential short-term price decline. However, the histogram displays minimal selling pressure, hinting at a possible upcoming trend reversal.

 

‱ Stochastic RSI: Currently in the oversold territory, indicating a potential upward bounce in the near future.

**Liquidation Heatmap**:

‱ Support level: Approximately 0.010, identified as a region of low liquidation activity on the heatmap.

 

‱ First resistance level: Approximately 0.012, identified as a high liquidation point.

 

‱ Second resistance level: Approximately 0.014, identified as a medium liquidation point.

 

‱ Third resistance level: Between 0.016 and 0.018, identified as a very high liquidation point.

◻ Trading Strategy:

1. **Entry Points**:

‱ Consider entering at the primary support level: **0.0000907**

‱ Consider entering upon a breakout above **0.0001100** to validate the upward trend.

2. **Exit Points**:

‱ Consider exiting at the key resistance level: **0.0001725 - 0.0001754**

‱ Consider exiting if the price fails to uphold the support level at **0.0000907**.

3. **Stop Loss**:

‱ Consider setting a stop loss at **0.0000850** to mitigate losses in the event of a trend reversal.

◻ Expectations:

‱ **Upward Trend**: If the price breaks above **0.0001100**, it may aim for the resistance levels between **0.0001725 and 0.0001754**.

‱ **Downward Trend**: If the price fails to uphold the support level at **0.0000907**, it may gravitate towards lower levels.

This situation warrants close monitoring to capitalize on potential movements.

$PEPE

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