🤑🌍PEPE ($PEPE) Daily Technical Analysis Update! 📉📈
**Current Price:** $0.00001626
**Market Overview:**
PEPE is currently priced at $0.00001626, experiencing a slight dip of 3.96%. The daily RSI stands at 75.33, indicating overbought conditions, with the 12-period RSI at 74.89 and the 24-period RSI at 70.97. The MACD signals a positive trend, with DIF at 0.00000215, DEA at 0.00000165, and MACD at 0.00000049, showcasing strong bullish momentum. Trading volume remains high at 22.88 billion, reflecting substantial market interest.
**Key Levels:**
- **Resistance:** Immediate resistance is near $0.00001725. A break above this level could propel the price towards $0.00001806.
- **Support:** Current support lies around $0.00001213. If the price falls below this, the next support level is around $0.00000621.
**Trading Strategy:**
Given the overbought RSI, exercise caution and consider waiting for a potential pullback to enter around $0.00001213. Keep an eye on a breakout above $0.00001725 for a potential rally. Setting stop-loss orders around $0.00001000 can help mitigate risks.
Stay informed and trade wisely! 🌟
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