Price: Current 0.00001394
1. General Trend:
The chart shows that the price has been in a clear upward trend since May 9, peaking at 0.00001541 on May 12, then began a downward correction.
2. Support and Resistance: 🏗⚠️
Strong Support: 0.00001329 — tested several times and proved its strength.
Current Resistance: 0.00001482 – 0.00001500 — A zone from which the price previously bounced.
🏗🤏🧐📊👑
Next support: 0.00001253 – in case the current support is broken.
3. Price Behavior Pattern: 📉📊
Several short impulsive waves formed within an upward channel and then broke out.
Price correction after the peak indicates a natural profit-taking with strong resistance around 0.000015.
Technical Indicators: 📊📊⏳️🤔
RSI: Its number did not appear in the image, but the correction indicates the indicator is approaching neutral levels (40–60).
MACD and KDJ: Not activated in the image, but the short trend shows the beginning of recovery after the drop.
👑🤏⚠️ Daily ratio: +2.71% indicates the beginning of a bounce today.
Supply and Demand Analysis (Market Order): 👑📊🤏⚠️🏛
Demand is 54.10% compared to supply at 45.90%, indicating a short-term bullish signal, suggesting there is buying interest at these levels.
📊 🏛 📉
Potential Scenarios: 🤒🧐🤫
1. Positive Scenario (Rise): ✈️✈️✈️
If it holds above 0.00001329 and closes with strong candles, the price may retest 0.00001482 then 0.00001541. 📊💰💰
Breaking 0.00001541 will pave the way for levels of 0.00001600. ⚠️⚠️
2. Negative Scenario (Drop): 📉📊
Breaking 0.00001329 means a potential drop to 0.00001274 then 0.00001253.
Technical Recommendation (non-financial): 🏛🏗♨️
If you are a short-term investor: Watch for price stability above 0.00001399 with buying momentum, as entering from this area is possible with a stop loss below 0.00001329.
If you are a long-term investor: Maintain your position if the support of 0.0000125 is not broken while also monitoring Bitcoin's movements. 👑
#pépé #PEPE市值超越LTC #pepe⚡ #BinanceAirdropNXPC #CryptoCPIWatch $PEPE