0.00000819 USDT (+6.92%)
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📌 Entry Zone: 🔹 $0.00000780 - $0.00000820
🎯 Targets:
✅ First Target: $0.00000850
✅ Second Target: $0.00000887
✅ Third Target: $0.00000930
🛑 Stop Loss: 🔻 $0.00000758
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📊 Technical Analysis: 🔸 PEPE has seen a strong rebound from the recent low at $0.00000758, with the formation of higher lows indicating buying pressure.
🔸 RSI (6) = 67.53, approaching the overbought area (70), but still allows for upward extension.
🔸 MACD is positive, with a bullish crossover and an increase in the blue line, indicating good upward momentum.
🔸 Trading volume is very high (14.66T PEPE) indicating strong interest from traders.
🔸 The price is currently above the moving averages (MA5 and MA10), which supports a positive outlook in the short term.
💡 Confirmation of Uptrend:
A clear breakout above $0.00000850 will enhance the chances of continuing the rise towards $0.00000887 and then $0.00000930.
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📢 Risk Management: ✔️ Gradually take profits at each target and adjust the stop loss to the entry point after reaching the first target.
✔️ Staying above $0.00000800 is very important to maintain momentum.
✔️ Breaking $0.00000758 may signal a trend change.
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My Opinion:
PEPE shows strong signs of recovery with clear positive momentum, but its proximity to resistance areas requires caution.
Are you thinking of entering now or waiting for confirmation?