Current price: 0.00001171 USDT
24h trading volume: Slightly decreasing
Overview: Technical signals suggest PEPE has a short-term recovery opportunity from the oversold zone, however, the medium-term trend has not shown clear signs of reversal.
🔎 Multi-timeframe technical analysis
1. 15-minute frame:
• MA(7) crosses above MA(25) → short-term bullish signal
• RSI: 67.5 (approaching overbought zone)
• Slightly positive MACD
• Volume is decreasing → upward momentum lacks support
2. 1-hour frame:
• Price is sideways, MA lines are close together
• Neutral RSI: 53
• Slightly negative MACD, weak volume
3. 4-hour frame:
• MA(7) < MA(25) < MA(99) → downtrend
• RSI: 40 → not oversold yet
• Slightly positive MACD, low volume
4. 1-day frame:
• MA(7) < MA(25) → medium-term downtrend remains
• RSI: 29.2 → approaching oversold zone
• MACD negative, but volume increases slightly
🎯 Trading strategy
📌 Spot trading (safety priority)
Scenario 1 - Buy after breakout:
• Buy point: 0.00001230 (after breaking resistance at 0.00001224)
• Take profit: 0.00001300
• Stop loss: 0.00001160
• Success probability: ~60%
• Note: Only buy if volume increases significantly confirming the breakout
Scenario 2 - Risky bottom fishing:
• Buy point: 0.00001171 (current)
• Take profit: 0.00001220 and 0.00001280
• Stop loss: 0.00001120
• Success probability: ~50%
• Note: Based on the RSI signal approaching the oversold zone
⚔️ Futures trading (short-term, high leverage - high risk)
• Do not recommend going long at this time if the price rises more than 3% from the 15m or 1h low
• Do not recommend shorting as it has fallen more than 3% from the recent peak
• ⇒ Should wait for confirmation of breakout or clear reversal signals before entering Futures trades
⚠️ Risk warning
• BTC is highly volatile, which may invalidate altcoin technical analysis
• PEPE is highly volatile, unsuitable for stable investors
• Do not use more than 2-5% of total capital for each trade
• Closely monitor volume and price reactions at resistance/support levels
Updated at: 14:30 on 02/06/2025
The article is for sharing analysis purposes only, not investment advice.
