#PEPE PEPE/USDT Intraday Report
Current Price 0.00000873 (+7.78%),
Short support at EMA13 (0.00000833)
and EMA21 (0.00000823),
Strong resistance above at EMA89 (0.00000893),
A breakout would target 0.00000935 (previous EMA high).
RSI (63) is neutral to strong, but MACD death cross (-0.00000008) is contracting, be cautious of a pullback after a rise.
If it stabilizes above 0.00000833 with volume, bulls still have a chance to push higher; if it drops below, the next target is 0.00000798.
Strategy: Aggressive traders should chase long positions above 0.00000893,
targeting 0.0000095+;
Conservative traders should look for low absorption near 0.0000082,
with a stop loss at 0.0000080.
Trend: EMA89 pressure is significant, if it breaks out with volume, it will open up upward space, otherwise, it will maintain a volatile consolidation pattern. #PEPE