Analysis for $PEPE

- The price continues to fluctuate near the Fibonacci level 0.382 (0.00001769 USDT), indicating a consolidation zone.

- There are attempts at bullish breakouts, but lacking sufficient strength to overcome significant resistances.

- The MACD shows a recent bullish crossover, indicating positive momentum. However, the strength of the movement seems limited, as the histogram shows reduced bars.

- This crossover suggests the possibility of a rally, but requires confirmation with price action.

Key levels:

- Immediate resistance: 0.00001832 USDT and 0.00001971 USDT.

- Nearby supports: 0.00001769 (0.382) and 0.00001707 (0.5).

(A break of either of these levels will provide more clarity on the direction).

Possible scenarios:

- Bullish scenario: If the price manages to surpass 0.00001832 and confirms, the next target would be the level of 0.00001971 (Fibonacci 0) or even higher levels, such as 0.00002096 (0.236).

The positive MACD crossover supports this potential movement.

- Bearish scenario: If the price fails to maintain support at 0.00001769, it could retrace towards lower Fibonacci levels, such as 0.00001707 (0.5) or 0.00001644 (0.618).

- Sideways consolidation: The price could continue to fluctuate between 0.00001769 and 0.00001832, accumulating volume before a more defined movement.