Quick Analysis of Currency $PEPE – 4-Hour Frame (May 5, 2025)
Currency $PEPE started to bounce from the bottom at $0.00000799, and is now moving at $0.00000831 with positive technical signals:
Important Points:
RSI = 56 → On an upward path without overbought conditions
The price broke the EMA 7 average and is pushing towards EMA 25
Good trading volume and moved from strong technical support
Nearby resistance at $0.00000845, and if broken, we expect a surge towards $0.00000890 – $0.00000920
Potential Trading Plan:
Entry: Around the current price ($0.00000830)
Stop Loss: Break below $0.00000785
Short-term Targets:
$0.00000860
$0.00000910
Do you think PEPE is preparing for a bullish wave? Share your opinion with me