PEPE/USDT Technical Analysis & Short-Term Outlook (April 30, 2025)

Current Price: 0.00000869 USDT

24H Change: -4.71%

RSI (6): 41.49 (Neutral to slightly bearish)

Volume (24h): 13.12T PEPE

After reaching an intraday high of 0.00000981, PEPE/USDT saw a sharp correction, dropping to a low of 0.00000845, and is currently consolidating near 0.00000869. The price has dipped below key moving averages, with the MA(7) at 0.00000878 and MA(25) at 0.00000890, indicating short-term bearish pressure.

Key Observations:

RSI near 41 suggests that while we're not yet in oversold territory, there's weakening buying pressure.

Price is ranging between the support at 0.00000845 and resistance near 0.00000928–0.00000945.

Volume spikes on dips hint at possible accumulation by smart money.

Prediction: If PEPE holds above the 0.00000845 support level and regains 0.00000890, we could see a short-term recovery toward 0.00000915–0.00000945. However, failure to hold above support may trigger a dip to 0.00000820 or lower.

Conclusion: Caution is advised for new entries. Short-term traders may consider a bounce play from the support zone with tight stop-losses, while long-term holders might view this dip as a healthy correction in an overall upward trend (30-day performance: +25.76%).

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