🐸 Technical Analysis of PEPE Coin – Is the breakout coming?

🔹 Current Price: Approximately $0.00001327, down 3.98% in the last 24 hours.

🔍 Technical Indicators:

RSI (14): 82.07, indicating an overbought condition, and there could be a price correction soon.

CoinLore

MACD: Shows a positive crossover, supporting the upward trend.

Moving Averages:

EMA (10): $0.0000113 – Buy Signal.

EMA (20): $0.0000101 – Buy Signal.

EMA (50): $0.0000090 – Buy Signal.

📈 Support and Resistance Levels:

Support:

$0.00001280

$0.00001202

$0.00001138

Resistance:

$0.00001421

$0.00001485

$0.00001563

✅ Recommendation:

With overbought signals in the RSI, caution is advised regarding the potential for a price correction. However, other indicators like MACD and moving averages support the upward trend. Therefore, there might be an opportunity to buy after a slight correction or when breaking the next resistance level.

Follow me for news and the latest developments in the world of cryptocurrencies 🪙📊.

#BinanceSquareTalks #BinanceSquareFamily #PEPE‏ #pepe⚡ #memecoin🚀🚀🚀 $BTC $PEPE $BNB