$PEPE trading signal 🚨PEPE/USDT Chart Analysis
Overview: The current price of PEPE/USDT is 0.00000986 with a 24-hour range between 0.00000927 (low) and 0.00001012 (high). The price shows a recent recovery, suggesting potential upward momentum, supported by the 7-day and 25-day moving averages (MAs) crossing above the 99-day MA, indicating a short-term bullish trend.
Long Entry: Enter at 0.00000990, targeting 0.00001012 with a strong volume increase as confirmation of an uptrend continuation.
Short Entry: If the price drops below 0.00000950, consider a short entry aiming for 0.00000930 as the initial target, given the weakening bullish sentiment.
Stop Loss: Set the stop loss at 0.00000927 for both long and short trades to limit risk.
Recommendation: Monitor volume and moving averages closely for trend confirmation before entering. The current uptrend could reverse if it fails to hold above the support level around 0.00000950.
