### $PEPE Critical Updates ###
Current Price: 0.0000097 (recent low)
Recent High: 0.00001068
Technical Analysis:
PEPE is currently experiencing a pullback after reaching a recent high of 0.00001068. The price has dropped by approximately 9.5% from the high, indicating a short-term correction.
Support Levels:
- 0.0000097 (current price, recent low)
- 0.0000095 (minor support)
- 0.0000090 (major support)
Resistance Levels:
- 0.00001068 (recent high)
- 0.0000110 (minor resistance)
- 0.0000120 (major resistance)
Trend:
The short-term trend is bearish, as indicated by the recent price drop. However, the long-term trend remains bullish, with PEPE still trading above the 50-day and 200-day moving averages.
Indicators:
- RSI (14): 42.50 (neutral)
- MACD (12, 26): -0.000002 (bearish)
- Bollinger Bands: Price is near the lower band, indicating potential oversold conditions
Conclusion:
PEPE is experiencing a short-term correction after reaching a recent high. The price may continue to drop towards the support levels, but a bounce back towards the resistance levels is possible. A break above 0.00001068 could indicate a continuation of the long-term bullish trend.
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