[PEPE/USDT - Quick Signal Update]

Current Price: 0.00001327 USDT

Change (24h): +7.19%

Volume (24h): 20.42T PEPE | 257.71M USDT

Timeframe: 5-Minute Chart

Date: May 18, 2025

Technical Analysis:

RSI (6): 43.9 – Approaching neutral zone, suggesting potential recovery momentum.

MACD: Bearish crossover confirmed, but histogram shows decreasing bearish momentum.

Parabolic SAR: Dots flipped above recent candles, indicating short-term downtrend.

Stochastic (K%D): Oversold zone, with K at 28.91 and J showing deep negative divergence (-1.60), indicating a potential bullish reversal setup.

Support Zone: 0.00001196 (24h Low)

Resistance Zone: 0.00001344 (24h High)

Signal Summary:

After a rejection at 0.00001344, PEPE has entered a minor pullback. Momentum indicators hint at a possible bounce from current levels. Keep an eye on a 5M candle close above 0.00001332 for confirmation of short-term bullish continuation.

Strategy:

Short-Term Trade:

Entry: 0.00001325 – 0.00001330

TP1: 0.00001344

SL: 0.00001310

Risk Note: Monitor volume spikes and BTC movements for broader market sentiment.

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