š #PEPE Day Trading Strategy ā May 3, 2025
Pepe Coin $PEPE is trading at $0.00000851, marking a 2.08% decline over the past 24 hours. Despite recent bearish trends, significant whale activity and technical indicators suggest potential bullish momentum.
Market Overview:
Current Price: $0.00000851
24h Change: -2.08%
24h Range: $0.00000848 ā $0.00000872
Technical Indicators:
RSI (14): Neutral zone, indicating balanced momentum.
MACD: Approaching a bullish crossover.
Moving Averages: Price is hovering near the 50-day MA, suggesting potential for upward movement.
Recent Developments:
A significant whale withdrew 1,500 billion PEPE tokens worth approximately $13.54 million from Binance, indicating potential accumulation and bullish sentiment.
Crypto whales have shown increased interest in PEPE, alongside other altcoins like AVAX and ETH, during the first week of May 2025.
$PEPE Trading Plan:
Entry Point: $0.00000850
Stop-Loss: $0.00000820
Target 1: $0.00000900
Target 2: $0.00000950
The recent whale accumulation and technical indicators suggest a potential short-term bullish reversal.
#PEPEā #pepeā”