$PEPE /USDT Technical Analysis
Current Price: 0.00002134 USDT
24h High: 0.00002209 USDT
24h Low: 0.00001952 USDT
Key Levels
Support: 0.00001952 USDT (24h Low)
Resistance: 0.00002209 USDT (24h High)
Trend Analysis
Short-Term Trend: Bullish momentum is evident, as PEPE has recently increased by +8.82% from the 24-hour low.
Medium-Term Trend: The price has been fluctuating between 0.00001952 USDT and 0.00002209 USDT. We are seeing an upward momentum with small pullbacks.
Long-Term Trend: The long-term trend remains neutral, and we will need to see if PEPE can break the 0.00002209 USDT resistance and sustain higher levels.
Momentum Indicators
RSI (14): Neutral-to-bullish zone (Above 50 but not yet in the overbought range).
MACD: Bullish crossover with positive momentum.
Volume: Higher volume seen in the last 24 hours, suggesting increased interest.
Trade Signals & Targets
Buy Signal
Entry: If PEPE holds above 0.00002100 USDT and shows bullish confirmation (e.g., price moving above the 1-hour EMA), a buy signal is activated.
Target Levels:
1. Target 1: 0.00002209 USDT (First resistance level)
This is the immediate resistance, and a breakout here could lead to further upside.
2. Target 2: 0.00002350 USDT
A strong bullish move above 0.00002209 USDT could push PEPE to this level. It’s a potential intermediate resistance zone.
3. Target 3: 0.00002500 USDT
If the momentum remains strong, PEPE could test this level as the next major resistance zone.
Sell Signal
Stop-Loss: Place a stop-loss just below the 24h low (around 0.00001950 USDT). This would limit risk if the price reverses.
Take-Profit: Consider taking profits around the resistance levels mentioned above.
Trade Momentum:
Bullish Momentum: As long as PEPE remains above 0.00002100 USDT, the bullish momentum is intact. Look for confirmation from volume spikes and RSI readings moving towards 70 for confirmation of further upside.
Bearish Reversal: A drop below 0.00001950 USDT would suggest a bearish reversal, with potential for further downside.