Buy $PEPE at this price
🔍 Technical indicators:
🔹 RSI = 50.1 → In a neutral area, indicating a balance between buying and selling forces, but with a slight upward bias.
🔹 MACD = 0.00000000 with convergence between DIF and DEA, indicating a potential positive reversal soon if the equilibrium line is broken.
🔹 Trading volume (Vol): Relatively strong with over 640 billion PEPE in the past hours, reflecting increased interest in the currency in this price range.
🔹 Stochastic K = 58.8 vs D = 42 → Beginning of a positive crossover, indicating the possibility of short-term rise.
🔹 Moving averages (MA5 and MA10): Clear convergence between the two averages (MA5 = 1.46T, MA10 = 1.24T) may lead to a bullish crossover that supports the positive trend.
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📈 Recommendation:
🔹 Suggested buy zone: 0.00001260 – 0.00001300 (good accumulation area)
🔹 First target (TP1): 0.00001400
🔹 Second target (TP2): 0.00001480
🔹 Stop loss (SL): 0.00001230
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🔔 Note:
Despite the previous decline, the currency has started to show signs of technical recovery, so it is advisable to monitor any upward break of the level 0.00001350 to confirm the continuation of the upward trend.
💬 Summary: PEPE may have a good technical rebound opportunity if the current positive momentum continues. Entering near support with a tight stop loss could provide a profitable trade if the bullish scenario materializes.
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