$PEPE
As of May 8, 2025, Pepe Coin (PEPE) is trading at approximately $0.000008 on Binance, with a market capitalization of around $3.45 billion and a 24-hour trading volume of approximately $546.83 million .
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๐ Technical Analysis
Support Levels:
**$0.00000780**: Identified as a strong support zone, with recent price action showing resilience at this level .
Resistance Levels:
**$0.00000898**: Immediate resistance; a breakout above this level could signal a bullish trend .
Indicators:
RSI (Relative Strength Index): Currently at 48.86, indicating a neutral market stance .
MACD (Moving Average Convergence Divergence): Approaching a bullish crossover, suggesting potential upward momentum .
Chart Pattern: Formation of a double bottom pattern near $0.000000778, which may indicate a bullish reversal if confirmed .
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๐ฏ Price Targets
Short-Term (MayโJune 2025):
Target Range: $0.00000898 to $0.00001000
Rationale: Breaking above the immediate resistance at $0.00000898 could lead to testing the $0.00001000 level .
Mid-Term (Q3 2025):
Target Range: $0.00002442 to $0.00003729
Rationale: Forecasts suggest that PEPE could reach these levels, representing a potential ROI of up to 376.60% .
Long-Term (End of 2025):
Target Range: $0.00003500 to $0.00004103
Rationale: Analysts predict that PEPE could achieve these prices by the end of 2025, contingent on market conditions and investor sentiment .
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๐ ๏ธ Entry Strategy
Ideal Entry Point:
**$0.00000780 to $0.00000800**: Entering within this range aligns with the identified support level, potentially offering a favorable risk-reward ratio.
Stop-Loss:
**$0.00000750**: Setting a stop-loss slightly below the support zone to mitigate potential downside risk.
Take-Profit Levels:
Short-Term: $0.00000898
Mid-Term: $0.00002442
Long-Term: $0.00003500
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โ ๏ธ Risk Consideration
Volatility: As a meme coin, PEPE is subject to high volatility and speculative trading.