PEPE/USDT Market Update
PEPE is currently trading at $0.00002042, up 4.72% in the past 24 hours.
• RSI(6): 45.74 (neutral), RSI(12): 52.34 (neutral), RSI(24): 54.31 (neutral).
=> The market shows a slight bullish recovery but remains neutral across most timeframes.
Target Levels:
1. $0.00002117 – Immediate resistance.
2. $0.00002185 – Key resistance to watch.
3. $0.00002269 – Long-term resistance.
Stop Loss:
• $0.00001901 – To protect below recent support.
Trading Strategy:
• Long Position: Enter above $0.00002050, take profits at target levels, stop loss at $0.00001901.
• Short Position: Sell near $0.00002185 if rejected, target $0.00001950, stop loss above $0.00002220.
Manage risk carefully and monitor volume for confirmation.