$PEPE Trade Signal - Market Update (30m Chart Analysis)
PEPE is currently trading at 0.00000790, down 4.01% on the day. The price has broken below short-term moving averages, indicating bearish momentum.
The MA(7) is under the MA(25) and MA(99), confirming a short-term downtrend. Volume spikes suggest high selling pressure.
Support is seen at 0.00000786, the current 24h low, while resistance is at 0.00000836, the 24h high.
Long Entry: Only above 0.00000805 with confirmation and strong volume. Target zones: 0.00000820 – 0.00000835
Short Entry: On breakdown below 0.00000785. Target zones: 0.00000770 – 0.00000750
Volume Alert: Sudden increase to 53.8B, suggesting potential for breakout volatility.
Risk Note: Tight stop-loss essential due to meme coin volatility. Stick to defined entries.
Trend (30D): +11.41%, but recent pressure shows caution is key.
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