🚀 $PEPE Technical Analysis May 20, 2025: BULLISH MOMENTUM BUILDS AFTER SUPPORT HOLD, TESTING RESISTANCE NEAR $0.00001352 🔥

📊 Market Insight
• Current Price: 0.00001338 USDT
• Moving Averages (MAs) are showing a bullish trend.
• Volume is significant (398.7M), reflecting strong buying interest following the bounce from the $0.00001196 low.
• MACD is slightly bearish, but the narrowing gap indicates a potential bullish crossover in the near term.
• RSI values are in neutral territory.

📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001352
0.00001425
0.00001437
🔽 Support Levels:
0.00001269
0.00001196
0.00001184

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $0.00001352
☑️ Entry Point: $0.00001360 (enter if price breaks above 0.00001352 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001425
TP2: $0.00001437
🛑 Stop Loss: $0.00001300 (below the MA(7) 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: Rejection at $0.00001352
☑️ Entry Point: $0.00001340 (enter if price fails to break 0.00001352 and shows bearish reversal signals)
🎯 Price Target:
TP1: $0.00001269
TP2: $0.00001196
🛑 Stop Loss (SL): $0.00001380 (above the resistance level)
⚠️ Confirmation: Watch for a bearish candle pattern (e.g., shooting star or bearish engulfing), RSI(6) dropping below 50, and the MACD maintaining or deepening its bearish trend with the DIF staying below the DEA.

📌 Suggestion to Open Positions Today:
The MACD’s narrowing gap suggests a potential bullish shift, making a breakout above $0.00001352 a key watchpoint for bulls. However, traders should wait for confirmation and maintain tight risk management due to the volatile nature of the meme coins.

#pepe #dailyearnings #signaladvisor #memecoin🚀🚀🚀