Current price: 0.00001228
Daily change: -3.84%
Volumes: moderate, no signs of significant accumulation or outflow
RSI (6): 29.6 → oversold zone, possible local rebound
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📊 EMA Indicators (7, 25, 99):
EMA(7): 0.00001235
EMA(25): 0.00001240
EMA(99): 0.00001231
Price is below all moving averages, which indicates:
short-term downtrend
potential test of support level around 0.00001208–0.00001200
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📉 Support and resistance:
Support: 0.00001208 / 0.00001144
Resistance: 0.00001240 / 0.00001273
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📌 Output and possible scenarios:
1. Rebound from oversold: RSI < 30 + approaching local support = possible rebound to 0.00001240
2. Downward breakout: if the level 0.00001208 does not hold → we may see a drop to 0.00001144
3. Flat: volumes are low, trend is unclear, possible consolidation in the range of 0.0000120–0.0000124
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📣 Opinion:
If you are not in a position — you might consider a short scalp on a breakout of 0.0000120.
If you already hold — it makes sense to set a stop below 0.0000120 and wait for a rebound to 0.0000127.
Bearish pressure still dominates, but the price is locally oversold.
If you want, I can turn this into a post for Binance Square or generate an image on the topic of PEPE analysis.
