$PEPE

⭐️Hope everyone finds a lot of value in this article 👍

Currently, the PEPE price is trading around $0.000018. Based on recent market developments and technical analysis, there are some important points to note:

1. Market trend:

- PEPE is moving within a gradually ascending price channel.

- The nearest resistance level is $0.00002636 (according to the Fibonacci level 0.0), which is also the area testing the upper trend line.

- The RSI index on the weekly timeframe has surpassed 70, indicating an overbought condition and the possibility of a price correction or consolidation.

2. Trading strategy

- Buy (Entry): If the price drops to the support area around $0.000016 - $0.000017, it may be considered for buying. This is a reasonable price zone when the market adjusts to technical support levels.

- Take profit (TP): The short-term profit target can be set at $0.000022 and $0.000026.

- Stop loss (SL): It is advisable to set the stop loss level below $0.000015 to minimize risk if the market breaks the support.

3. Important notes

- If the price exceeds $0.000026 and maintains above this level, the potential for continued growth is very high.

- The cryptocurrency market is always highly volatile, so it is essential to manage risks tightly and not to invest more than what you can afford to lose.

You should closely monitor the charts and combine additional analytical tools such as trading volume (Volume), moving averages (MA), and market news to make more accurate decisions.#pepe #BTC☀ $BTC