💡 Quick Technical Analysis:
✅ Positive increase of +3.39%!
PEPE rose from a daily low at 0.000000845 to 0.000000885, amid strong sideways movement – indicating stability with potential for a price explosion coming.
✅ RSI at 45.29
The Relative Strength Index is in a comfortable zone away from overbought, indicating potential upward energy waiting for a catalyst.
✅ MACD is still slightly negative but stable
Very slight difference between the lines, and any upcoming crossover could ignite a sudden upward movement.
✅ The price is stable above the nearby support at 0.000000824
And approaching the minor resistance at 0.000000912 – breaking it could bring us back to levels of 0.000000981 then 0.00000100!
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📊 Is there an explosive pattern forming?!
🔍 "Bull Flag" pattern?
The price surged sharply to 0.000000981 then entered a narrow sideways channel – a sign of accumulation before a strong movement.
🔍 "Ascending Triangle" pattern?
The ascending bottom with clear horizontal resistance at 0.000000912 may indicate that breaking this resistance means the price will exit the pattern upwards.
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🚨 Supporting signals from indicators:
RSI close to 45 → has not shown overbought yet, allowing ample room for upward movement.
MACD close to a positive crossover → monitoring required closely in the coming hours.
Stable trading volumes → indicate continued investor interest and position building.
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🎯 Upcoming movement forecast:
In the event of a bullish break of resistance 0.000000912:
First target 0.000000981
Then the psychological level 0.00000100 may be within reach.
If support 0.000000824 is broken:
The next support at 0.000000735 will be the safety line for the current wave.
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💬 My personal opinion:
PEPE shows calm behavior before a major decision – indicators are cohesive, and the price is in a compression phase within a clear technical pattern.
Any movement outside this range could be the spark for an explosion – and the most likely scenario currently is an upward movement if support is not broken.
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✅ Final Advice:
Use a stop loss below 0.000000735.
Keep an eye on news related to PEPE, especially with unusual trading volume activity.
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📢 Do you think PEPE is about to break 0.00000100? Or is there a correction coming? Share your opinion!