Technical Analysis of $PEPE

/USDT💯💯💯🔥

Current Price: 0.00001926 (up 5.19% in the last 24 hours)

Trend: Bullish momentum (Price is trending upwards)

Resistance Levels:

1. First Resistance: 0.00001942 (Recent high)

2. Second Resistance: 0.00001970 (Next psychological barrier)

3. Third Resistance: 0.00002000 (Round number, strong resistance)

Support Levels:

1. First Support: 0.00001881 (Recent low)

2. Second Support: 0.00001822 (Lower boundary from recent price range)

3. Third Support: 0.00001770 (Last significant support)

Trade Signal

Momentum: Positive; the asset has shown upward momentum over the past 24 hours with a 5.19% gain.

Entry Signal: Buy when the price retests the support level at 0.00001881 or higher if the price maintains upward momentum above 0.00001900.

Target Levels:

1. Target 1: 0.00001950 (Initial short-term target based on resistance at 0.00001942).

2. Target 2: 0.00001980 (Middle resistance, breakout level).

3. Target 3: 0.00002000 (Psychological resistance and major target).

Stop Loss: Set at 0.00001770 (below the third support) to protect from a downside movement if the trend reverses.

The overall momentum suggests an opportunity for short-term trades with key target levels to watch for price breakout.

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