$PEPE Tonight target:
To identify a likely target for tonight for PEPE/USDT based on the current chart analysis, let's focus on the immediate levels and momentum indicators. Given the 4-hour chart timeframe and the indicators present:
1. **Immediate Resistance at 0.00001315**:
- If buying momentum continues and the price approaches this level, **0.00001315** could be a near-term resistance target.
- Breaking through **0.00001315** with increased volume could push the price toward the next minor resistance around **0.00001350 - 0.00001400**.
2. **Support at 0.00001143**:
- On the downside, if the price cannot hold above **0.00001200** and begins to fall, the first level of support is at **0.00001143**.
- If this support fails, the price could test lower EMAs, potentially around **0.00001050 - 0.00001004** (near EMA(99)).
3. **Momentum Indicators**:
- **RSI and Stochastic RSI** are both in neutral zones but trending upward slightly. This could indicate potential for a minor rally but requires confirmation with volume.
### Tonight's Likely Target Scenarios
- **Bullish Scenario**: If buying continues, the immediate target is **0.00001315**. Breaking above this could extend the target to **0.00001350 - 0.00001400**.
- **Bearish Scenario**: If there’s selling pressure, the immediate support to watch is **0.00001143**. A fall below this could push the price toward **0.00001050 - 0.00001004**.
It’s essential to monitor the volume closely tonight to confirm if there's enough momentum for a breakout above resistance or a breakdown below support. If the price moves sideways around **0.00001200**, it may indicate consolidation, with a clearer direction emerging tomorrow.
