#CEXvsDEX101 🔍 Technical Analysis of PEPE/USDT (Binance)
📊 Market Structure
- Current Trend: Slight bearish trend in the short term (EMA 7 < EMA 25 < EMA 99), but with a recent uptick of +2.40%.
- Supports and Resistances: 0.00001145.
- Immediate Support: 0.00001150 (buyer interest zone).
- Key Resistance: 0.00001163 - 0.00001168 (EMA 99 and psychological level).
📈 Key Indicators
- EMA: Short EMAs (7 and 25) are below EMA 99, indicating bearish pressure, but the price is trying to recover.
- MACD: Negative (DIF and DEA < 0), but with histogram close to zero → Possible change in momentum.
- Volume (OBV): Negative (-64.6B), suggesting distribution (more sales than purchases).
- Williams %R (14): -76.47 (close to oversold) → Potential bounce if there is buying momentum.
⚡ Probable Scenarios**
1️⃣ Bullish Bounce: If the price holds 0.00001150 and breaks 0.00001163, it could target 0.00001187.
2️⃣ Bearish Continuation: If it loses 0.00001145, the next support is at 0.00001130 (psychological level).
💡 Strategy for Traders
- Long (Buy): Only if it confirms strength at 0.00001150 with high volume. Target: 0.00001168.
- Short (Sell): If the price closes below 0.00001145 with increased volume.
👇 What do you think? Share your analysis!
#PEPE #Crypto #Trading #Binance
🎨 Recommendation: Trade carefully and follow the volume! 📉🚀
Note: This is NOT financial advice.....
