🚀 $PEPE /USDT Technical Analysis: Key Levels and Trade Targets Revealed! 🎯

BTC
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0.00000963
+3.43%

📉 Current Price: $0.00001276

PEPE is in a downtrend, but oversold conditions hint at a potential reversal. Let’s dive into the technicals to uncover trade opportunities!

🔑 Key Technical Levels:

Resistance Levels:

$0.00001300 (Immediate Breakout Zone)

$0.00001337 (24h High)

$0.00001380 (Critical Resistance)

Support Levels:

$0.00001250 (Key Support Zone)

$0.00001210 (Last Defense Line)

📊 Trade Signal:

Momentum: Currently bearish, but RSI suggests oversold conditions on lower timeframes, signaling a potential bounce.

Recommendation: Watch for support at $0.00001250 or a breakout above $0.00001300.

🚦 Trade Setup:

🎯 Entry Point:

Enter near $0.00001250 if support holds.

Alternatively, take a breakout trade above $0.00001300.

🎯 Targets:

Target 1: $0.00001300

Target 2: $0.00001337

Target 3: $0.00001380

📉 Stop-Loss:

Place a stop-loss below $0.00001210 to limit downside risks.

📈 Momentum Indicators:

RSI: Near oversold (~30), indicating recovery potential.

MACD: Bearish but nearing a crossover—wait for confirmation.

📌 Trading Strategy:

Bullish Bounce: If $0.00001250 holds, expect a recovery toward $0.00001337.

Bearish Breakdown: A drop below $0.00001210 could lead to further downside toward $0.00001180.

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