๐ $PEPE
/USDT Technical Analysis: Short-Term Outlook
PEPE has been experiencing significant volatility, presenting an interesting opportunity for both scalpers and swing traders. Letโs dive into the potential targets:
Current Price: 0.00002005 USDT
Resistance Levels:
๐ฏ Target 1: 0.00002150 โ Minor resistance; breaking this could confirm a short-term uptrend.
๐ฏ Target 2: 0.00002300 โ A critical level to watch. PEPE could face heavy selling pressure here as it aligns with previous high volumes.
๐ฏ Target 3: 0.00002500 โ Strong resistance; if breached, PEPE could see a bullish breakout toward new highs.
Support Levels:
0.00001880 โ Recent 24h low, acting as immediate support.
0.00001750 โ A deeper support zone; a breakdown here may trigger further decline.
Indicators Analysis
RSI (Relative Strength Index): Near oversold territory, indicating potential for a bounce.
Volume: High trading activity signals strong market interest.
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