$PEPE /USDT Technical Analysis
PEPE/USDT has shown a strong recovery from the support level of $0.00001745, currently trading at $0.00001970. The momentum appears bullish in the short term.
Indicators & Momentum
RSI (Relative Strength Index): 65 (in the bullish zone, not overbought yet).
Moving Averages: Price is trading above the 20 and 50 EMA, providing strong support.
MACD: Bullish crossover with positive divergence.
Volume: Increased 24-hour volume indicates further potential for an upward move.
Trade Signal 🎯
Entry Zone: $0.00001950 - $0.00001980
Stop Loss: $0.00001770 (recent support level)
Targets:
Target 1: $0.00002050 (+4%)
Target 2: $0.00002120 (+7%)
Target 3: $0.00002250 (+14%)
Trade Momentum:
Bullish Confirmation: A breakout above $0.00002012 will confirm stronger upward momentum.
Bearish Rejection: A breakdown below $0.00001770 could lead to further downside movement.
Note:
Always use proper risk management and invest only what you can afford to lose. Let me know if you need further guidance!