Technical Analysis and Trade Signal for PEPE/USDT
Current Overview:
Price: 0.00002020 USDT (-2.37%)
Trend: Short-term bearish (price below MA60)
Momentum: Neutral to weak (low short-term recovery)
Trade Signal: Buy on Support or Breakout
Support Level: 0.00002010 (24h low)
Resistance Level: 0.00002139 (24h high)
Trade Momentum:
MACD: Neutral with weak bullish crossover expected soon.
Bollinger Bands: Price near the lower band; potential rebound likely.
RSI: Oversold region (possible upward correction).
Target Levels:
1. Target 1: 0.00002050 (Short-term scalp)
2. Target 2: 0.00002100 (Mid-term resistance zone)
3. Target 3: 0.00002150 (Bullish breakout potential)
Stop-Loss:
Set at 0.00002000 to minimize risk.
Summary:
Short-term: Wait for bounce from support (0.00002010).
Mid-term: Accumulate on dips and aim for the 0.00002100 zone.
Momentum: Weak, but recovery likely on increasing volume.
