⚠️$PEPE Critical Updates_
_Current Price:_ 0.0000085
_Recent Low:_ 0.00000828
_Recent High:_ 0.0000095
_Price Movement:_ PEPE has experienced a significant decline of 30% over the past two days, indicating a strong bearish momentum.
_Trend:_
_Short-term Trend:_ Bearish
_Long-term Trend:_ Neutral
_Support Levels:_
*0.00000828 (recent low, major support)
*0.0000080 (minor support)
*0.0000075 (long-term support)
_Resistance Levels:_
*0.0000088 (minor resistance)
*0.0000090 (psychological resistance)
*0.0000095 (recent high, major resistance)
_Indicators:_
*RSI (14): 25.60 (oversold)
*MACD (12, 26): -0.000002 (bearish)
*Bollinger Bands: Price is near the lower band, indicating oversold conditions
_Conclusion:_
PEPE's sharp decline suggests a potential trend reversal. The oversold conditions and proximity to the recent low indicate a possible bounce or consolidation. However, a break below 0.00000828 could lead to further downward movement. A reversal or breakout above 0.0000095 is needed to regain bullish momentum.
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