Technical Analysis for PEPE/USDT - Dated May 23, 2025
The PEPE/USDT coin is experiencing a strong upward movement over the last few hours, having risen by +13.31% to record a price of 0.00001566 USDT.
Key Indicators:
Strong upward trend supported by an increase in trading volume.
The current price is above the MA60 moving average, which reinforces the upward momentum.
The next resistance is at 0.00001578, and if it is breached firmly, we may see higher levels.
The current support is at 0.00001530 – 0.00001542, which could present a good entry opportunity if the price returns to test it.
Profit ratios over different periods:
1 Day: +9.21%
7 Days: +19.37%
30 Days: +84.99%
90 Days: +71.23%
Point of View:
If the current momentum continues and the price firmly breaches the 0.00001578 level, we might witness a new rise during the day. However, in the case of a pullback, there could be a correction towards the mentioned support areas.
Note: Trading in cryptocurrencies involves risk; it is always advisable to use stop-loss and manage capital.
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