Pepe
1. Moving Averages (EMA)
EMA 50 in green: The current price is close to this average, indicating that there is potential support at this level (0.00002334).
EMA 100 in yellow: It is below the current price at 0.00002266, indicating that there is additional support nearby.
EMA 200 in pink: It is far from the current price at 0.00002039, indicating a long-term uptrend.
2. Relative Strength Index (RSI)
The current RSI (6) value is 30.59, which is close to the oversold zone (below 30).
This could indicate that the price could head for a bounce if there is buying pressure nearby.
3. Price Action
The price has corrected after rising to 0.00002836.
Currently, the price is stable around 0.00002334. If it maintains this support, we may witness an upward rebound.
Conclusion
Positive factors: The price is close to strong support levels (EMA 50 and 100) and the RSI is close to lower levels.
Caution signal: If the price breaks the 0.00002334 level downward, it may head to test the 100 EMA at 0.00002266.
Bullish scenario: If the price maintains the current support and rises, it may face resistance at 0.00002416.
It is advisable to monitor the support and resistance levels, as well as the movements of the indicators