$PEPE /USDT Technical Analysis & Trade Signal

Current Price: $0.00001760 (-4.03%)

PEPE is currently in a consolidation phase, showing moderate bearish momentum. The price is trading near its 24-hour low ($0.00001704), suggesting potential buying opportunities at support levels.

Key Levels to Watch

Resistance Levels:

R1: $0.00001785 (Immediate resistance)

R2: $0.00001810 (Short-term breakout zone)

R3: $0.00001839 (24h high & major resistance)

Support Levels:

S1: $0.00001740 (Immediate support)

S2: $0.00001704 (24h low & critical support)

Trade Setup

Entry Point:

Consider buying near $0.00001740 or after a breakout above $0.00001785.

Target Levels 🎯

1. T1: $0.00001785

2. T2: $0.00001810

3. T3: $0.00001839

Stop Loss (SL):

$0.00001700 (Below 24h low to minimize risk)

Trade Momentum

Bullish Scenario:

If PEPE breaks above $0.00001785 with volume, expect a rally toward $0.00001810 and $0.00001839.

Bearish Scenario:

A breakdown below $0.00001704 may push the price toward $0.00001680 or lower, signaling further downside.

Indicator Insights

1. RSI: Neutral (~45), indicating room for both upward and downward moves.

2. Moving Averages:

Short-term moving averages show resistance near $0.00001785.

3. Volume: Strong 24h volume ($224.65M USDT) supports active trading opportunities.

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