🚀 $PEPE Technical Analysis May 19, 2025: BULLISH MOMENTUM BUILDS, PRICE TESTS RESISTANCE AT $0.00001423 ZONE ⚠️

📊 Market Insight
• Current Price: 0.00001307 USDT
• Moving Averages (MAs) are showing a bullish trend, indicating a potential trend reversal.
• Volume is high, suggesting strong buying interest driving the recent surge.
• MACD is slightly bullish, indicating early signs of upward momentum.
• RSI values are in overbought territory, suggesting caution.

📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001352
0.00001437
0.00001425
🔽 Support Levels:
0.00001196
0.00001184
0.00001100

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Continuation above $0.00001352
☑️ Entry Point: $0.00001360 (enter if price breaks above 0.00001352 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001437
TP2: $0.00001425
🛑 Stop Loss: $0.00001320 (below the MA(25) to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 0.00001352, a spike in volume, RSI(6) rising above 70, and a MACD bullish crossover with the DIF moving above the DEA.

🐻 Bearish Trade Setup: Reversal below $0.00001196
☑️ Entry Point: $0.00001190 (enter if price breaks below 0.00001196 with increased volume and bearish confirmation)
🎯 Price Target:
TP1: $0.00001184
TP2: $0.00001100
🛑 Stop Loss (SL): $0.00001307 (above the current price level)
⚠️ Confirmation: Watch for a bearish candle pattern (e.g., bearish engulfing), RSI(6) dropping below 30, and the MACD maintaining its bearish trend with the DIF staying below the DEA.

📌 Suggestion to Open Positions Today:
The high volume and bullish MACD signal suggest potential for further upside, but the overbought RSI warrants caution. Consider waiting for a clear break above $0.00001352 with bullish confirmation for a long position, or a decisive move below $0.00001196 with bearish confirmation for a short position. Tight risk management is crucial given the volatile nature of meme coins.

#pepe #dailyearnings #signaladvisor #memecoin🚀🚀🚀