Chart analysis of PEPE/USDT
**General trend:
*The current general trend is **bearish**.
*This is evidenced by the continuous decline in the price over the past period.
* This is also supported by the MACD indicator, which indicates a downward trend.
**Support and resistance areas:**
* **Main support area:** is located at the level of **0.00000763**.
* This area was tested several times during the last period, and the price held there.
* **Main resistance area:** is located at the level of **0.00000950**.
* The price faced difficulty in penetrating this area during the recent period.
**Buying and selling areas:**
* **Buy zone:** is located at the level of **0.00000763**.
* This area can be considered a buying opportunity if the price rebounds from it.
* **Sell zone:** is located at the level of **0.00000950**.
* This area can be considered an opportunity to sell if the price reaches it.
**comments:**
* These analyzes must be verified before making any investment decisions.
*It is recommended to conduct further analysis using other technical indicators.
* Risks must be taken into consideration when trading in any digital currency.
*Conclusion:
*Analysis indicates that the general trend of PEPE/USDT is bearish.
* The main support area is located at the level of **0.00000763**, while the main resistance area is located at the level of **0.00000950**.
* The **0.00000763** area can be considered a buy zone, while the **0.00000950** zone can be considered a sell zone.
**
