$PEPE /USDT has been experiencing a period of consolidation after a recent surge. The price action has been forming a range, with a clear upward trend in the past few days.

Current Price: 0.00001769 USD

Entry Price: 0.00001800 USD (wait for a retest of the lower support level)

Resistance Levels:

* Strong Resistance: 0.00001950 USD

* Weak Resistance: 0.00001850 USD

Support Levels:

* Strong Support: 0.00001700 USD

* Weak Support: 0.00001750 USD

Take-Profit Targets:

* TP1: 0.00001900 USD

* TP2: 0.00001950 USD

* TP3: 0.00002000 USD

Stop-Loss: 0.00001650 USD

Cautionary Note:

Traders should closely monitor the price action for signs of stability or a potential breakout. If the price breaks below the strong support level, it could signal a bearish trend. Conversely, breaking above the strong resistance level could indicate a bullish continuation.

Technical Analysis Report for PEPE/USDT on Binance:

Indicators:

* RSI (14): Currently around 50, indicating a neutral market.

* MACD: The MACD line is crossing above the signal line, suggesting a potential bullish crossover.

* Volume: The volume is increasing, which could signal a potential breakout.

Trade Signals:

Short-Term (1-hour):

* Long: Buy at the 0.00001800 USD support level, with a stop-loss at 0.00001650 USD and take-profit targets at 0.00001900 USD, 0.00001950 USD, and 0.00002000 USD.

Long-Term (Daily):

* Long: Consider a long position if the price breaks above the 0.00001950 USD resistance level.

#PEPE #CryptoTrading #Binance #Altcoin #Bullish