technical analysis and trade signal for $PEPE /USDT🔥🔥🔥👍👍👍👍🚀🚀🚀
Technical Analysis:
Current Price: 0.00002429
24h High: 0.00002472
24h Low: 0.00002282
Support Zone: 0.00002282
Resistance Zone: 0.00002472
Indicators:
SAR (0.02, 0.2): 0.00002357 (indicating upward momentum if the price stays above this level)
Volume: The volume is moderate (505.17M USDT), which suggests stability in the short-term trend.
Momentum: The price is currently experiencing a positive momentum (+1.97%). If it holds above 0.00002357, there's potential for further gains.
Trade Signal:
Entry:
Buy near 0.00002400 (if price stays above SAR support of 0.00002357).
Target Levels 🎯:
1. First Target: 0.00002480 (approaching the 24h High)
2. Second Target: 0.00002530 (next resistance zone)
3. Third Target: 0.00002580 (a more aggressive upward projection based on bullish momentum)
Stop Loss:
Set a stop loss at 0.00002280, just below the 24h Low and support level.
Trade Momentum:
Bullish in the short-term as long as the price remains above the SAR level (0.00002357).
Watch for any break below 0.00002280, which could signal a bearish trend reversal.
This trade has moderate bullish momentum, and a breakout above 0.00002480 would confirm a strong uptrend toward the next targets.
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