𝐃𝐎𝐆𝐄 𝐚𝐧𝐝 𝐏𝐄𝐏𝐄 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡 𝐊𝐞𝐲 𝐓𝐮𝐫𝐧𝐢𝐧𝐠 𝐏𝐨𝐢𝐧𝐭𝐬 𝐀𝐦𝐢𝐝 𝐏𝐫𝐢𝐜𝐞 𝐃𝐞𝐜𝐥𝐢𝐧𝐞𝐬👇👇👇

Both Dogecoin (DOGE) and Pepe (PEPE) have seen their prices drop by over 10% this week, revisiting critical support levels on Thursday. These levels present potential entry points for cautious investors, as the memecoins could be primed for rebounds. However, momentum indicators highlight underlying weakness, signaling the need for strategic decision-making.

For Dogecoin, the price recently retested the 50-day EMA at $0.35 after hitting a yearly peak of $0.48 on December 8, followed by a sharp 23% drop. This $0.35 mark aligns closely with the 61.8% Fibonacci retracement from the November 3 low of $0.14 to the December 8 high, marking it as a vital reversal zone. On Thursday, DOGE saw a slight recovery to $0.36. If the $0.35 support level holds, a potential 13.5% rally could push prices back to $0.41, last seen on Tuesday. Conversely, failure to maintain support at $0.35 could result in a further 7% decline to $0.31, the next key support level.

Pepe, too, has retraced significantly after hitting an all-time high of $0.000028 on December 9, with its price dropping 26.6% over the subsequent nine days. It has now revisited the 50% retracement level at $0.000018, which aligns with its daily support zone at $0.000017, forming a critical area for potential reversal. If the $0.000018 support holds, PEPE could rally by 28% to retest its Monday high of $0.000024. On the downside, a break below $0.000017 may lead to a 6.8% drop, targeting the next support zone at $0.000016.

Both DOGE and PEPE remain at pivotal junctures, offering opportunities for disciplined traders while emphasizing the importance of risk management in a volatile market.

#DOGE #PEPE #CryptoStrategy #AltcoinOpportunities $PEPE $DOGE