$PEPE PEPE SUCCESSFUL BREAKOUT🔥 $PEPE is looking very bull | Mohsin Trades01 on Binance Square

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$PEPE PEPE SUCCESSFUL BREAKOUT🔥
$PEPE is looking very bullish here thanks to this daily breakout.
Price confirmed a daily break of structure, opening the door for a high probability continuation to the upside.
The next short term (ST) target is the psychological 0.000020$ zone.

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PEPE

0.00001389

-7.58%

146

0

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#Pepe Short-term analysis of Pepe Coin (PEPE): Current Price and Recent Performance: * The live price of Pepe is around $0.000014. * It has shown positive momentum in the very short term, with a 24-hour increase of approximately 3.59% and a 7-day increase of over 24%. * Over the last month, PEPE has seen a significant surge of around 77%. Technical Analysis: * Bullish Sentiment: Several sources indicate a prevailing bullish sentiment for PEPE in the short term. * Moving Averages: The 50-day and 200-day moving averages are currently sloping upwards and below the current price, suggesting a bullish trend. The 200-day MA has been trending upwards since late April 2025, indicating a strong underlying trend. * Potential targets on the upside include $0.0000165 - $0.000017, and even higher towards $0.000027 in the coming weeks if bullish momentum continues. * Open Interest and Funding Rates: Rising open interest and a shift to positive funding rates suggest growing trader confidence and potential for further upward price action. * RSI: The Relative Strength Index is currently in the neutral zone on the daily timeframe, suggesting there is still room for upward momentum before reaching overbought conditions. * Potential Breakout: Some analysts anticipate a major breakout, potentially targeting levels around $0.000033 - $0.000037 by September 2025 if the current momentum is sustained. A close above $0.000015 on the weekly chart could signal strong continuation. * Price Predictions: * Short-term price predictions are optimistic, with some analysts forecasting PEPE to reach $0.000023 by May 25 and potentially $0.000030 by early June. * Binance's price prediction suggests a potential increase to $0.000014 by the end of this week (May 28, 2025). * Brave New Coin suggests a potential target of $0.000027 in the coming weeks, especially if Bitcoin reaches new all-time highs.

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