PEPE is close to key support after a corrective pullback. The RSI is indicating overbought (below 30), while the price hovers around its MA(99). The meme sentiment remains strong. Let’s dissect the setup 👇
📊 Market Overview
MetricValueCurrent Price$0.00001368 (+0.66%)High / Low in 24h0.00001432 / 0.0000135224h Volume22.46T PEPE / $314.42MMA(7)0.00001389MA(25)0.00001395MA(99)0.00001376RSI(6)28.40 (Overbought)
🔍 Indicators
RSI(6): 28.40 → Strongly overbought, suggesting potential for mean reversion.
MA Trend: The price is currently below the short and medium-term MAs but hovers close to the MA(99) — indicating a decision point.
Volume: Over 574B PEPE in recent trades, showing strong participation near the current support.
📈 Trading Setup
✅ Bullish Scenario – Oversold Reversal Play
Entry Zone: 0.00001355 – 0.00001370
Targets:
TP1: 0.00001395
TP2: 0.00001432
TP3: 0.00001488
Invalidation: Close below 0.00001325
❌ Bearish Scenario – Continuation of Breakdown
Entry Zone: 0.00001385 – 0.00001410 (false pullback rejection)
Targets:
TP1: 0.00001340
TP2: 0.00001300
TP3: 0.00001262
Invalidation: Break and hold above 0.00001440
🧠 Analysis
PEPE is testing a confluence zone: MA(99) + overbought RSI
A sustained return of 0.00001400 would reverse the short-term structure to bullish
Watch for volume confirmation on any breakout or breakdown
⚡️ Call to Action
Eyes on PEPE as it contracts at support. Will the meme gods deliver a pullback or break down? 🧐
🔁 Like, Share, and Leave your entry plan in the comments!
$PEPE
PEPE
0.00001385
+0.58%
#PEPE #CryptoTrading #MemeCoins #Altcoins #Write2Earn
