$PEPE #PEPE
* PEPE/USDT 1H Chart
1. Trend Overview
Current price: 0.00001353 USDT
Short-term trend: Strongly rising from the bottom 0.00001262
Nearby resistance: 0.00001366 – 0.00001372 (has tested near the highest point in 24h)
Nearby support: 0.00001303 – 0.00001280
2. RSI & MACD Analysis
RSI: Predicted around the range 65–70 (based on candle behavior + upward momentum), warning of overbought territory, possibility of short-term correction.
MACD: The MACD line crosses above the Signal line from the negative zone -> a strong upward trend is forming, clear bullish signal.
3. Trading Suggestions
Long:
Entry: 0.00001353
TP1: 0.00001372 (nearby resistance)
TP2: 0.00001400 (the next extended wave area)
SL: 0.00001300 (below MA5 and nearby support)
R:R ratio = ~2.5 -> Potential trade.
Short:
Entry: 0.00001370 (if the price tests the old peak again and fails)
TP1: 0.00001330
TP2: 0.00001300
SL: 0.00001385 (exceeding the old peak confirms the breakout)
Note: Should watch for reversal candle signals in the range 0.00001365–0.00001372 before opening short positions.
*Strategy Recommendation
Scalping/Intraday: Prioritize long when there is a correction to 0.00001320–0.00001330
Swing trader: Monitor the possibility of breaking 0.00001372 to hold longer to the range 0.00001400–0.00001430
Market sentiment: Trading is quite balanced (Buy 46.79% – Sell 53.21%), profit-taking pressure may increase if resistance is not surpassed.