Technical Analysis: PEPE/USDT on Binance
Current Price: 0.00001917 USDT
24h Change: +3.45%
24h High/Low: 0.00001954 / 0.00001790
Volume: 16.88T PEPE (317.45M USDT)
Technical Indicators
1. Moving Averages:
MA(7): 0.00001914 (Strong support near this level).
MA(25): 0.00001863 (Bullish trend as price is above this).
MA(99): 0.00001806 (Long-term support).
2. Resistance Levels:
R1: 0.00001954 (24h High).
R2: 0.00001990 (Previous breakout zone).
R3: 0.00002050 (Psychological barrier).
3. Support Levels:
S1: 0.00001890 (Near MA(7)).
S2: 0.00001860 (MA(25) zone).
S3: 0.00001790 (24h Low).
🎯 3 Potential Targets:
1. 🎯 Short-Term Target: 0.00001990 USDT
A small breakout could take PEPE to this resistance level. Volume confirmation and momentum are key.
2. 🎯 Medium-Term Target: 0.00002050 USDT
If bullish sentiment continues, PEPE could test the psychological level. Watch for consolidation around this zone.
3. 🎯 Long-Term Target: 0.00002200 USDT
A strong upward trend fueled by increased market participation might push PEPE to this significant level.
Conclusion:
PEPE/USDT shows bullish signs with increasing volume and price holding above critical moving averages. Traders should watch for a breakout above 0.00001954, indicating further upside potential. However, maintain caution as meme tokens can experience sudden volatility.
