Is another price explosion approaching for currency $PEPE ? Here’s the analysis and strategy
The currency $PEPE has seen a strong rise in the last few hours of +9.83%, with the price currently trading at 0.00001397 USDT. With the Bollinger Bands narrowing and momentum increasing, are we facing a new upward wave?
Technical analysis in brief:
RSI = 65: Strong buying momentum without overbought conditions.
Positive MACD: Bullish crossover supporting continuation.
Bollinger Bands: Narrow range = violent movement imminent.
Trading volumes: Showing noticeable increase.
Proposed strategy (for smart traders):
Entry at: Break of resistance 0.00001432 USDT
Target 1: 0.00001570 USDT
Target 2: 0.00001650 USDT
Stop loss: 0.00001267 USDT
Why is this important?
Trading PEPE in a narrow range for a long time means that all technical indicators point to a potential sudden rise. Don’t miss the opportunity, but remember to manage risk.
