✅ Quick technical analysis covering all market outlooks
Current price: 0.00001139 USDT
24-hour decline: -7.55%
Lowest price in 24 hours: 0.00001124
Highest price in 24 hours: 0.00001234
General trend:
Follow for updates 🥰
✒️ Your brother: buino Moha. Kasr Al-Kabir 🥰🔥🐸
The stock exited the upward channel and tested new support levels. The price broke the level of 0.00001153 and fell to test support at 0.00001124, and it is currently in a weak downward fluctuation phase.
Momentum indicators (Zigzag for short term):
The price is trying to hold above 0.00001124, but there is no clear reversal signal yet.
Short-term indicators (like RSI and MACD) indicate overselling, which may provide an opportunity for a temporary rebound.
Demand versus supply:
Demand: 57.86%
Supply: 42.14%
There is a slight buying inclination, but the price is still weak.
📰 Latest news and trends (external analysis):
1. The meme coin market is struggling:
Coins like PEPE, DOGE, and SHIBA are experiencing a general decline due to shrinking risk appetite in the market.
Recent whale movements have been towards intense selling in PEPE.
2. Market overview:
Bitcoin is moving sideways between 68K and 70K, affecting investors' appetite for meme coins.
Many investors have shifted their funds to new projects in chains like Solana.
3. News specifically regarding PEPE:
There have been no strong positive news or updates from the project team in recent days.
Some analyses on X (formerly Twitter) suggest that PEPE may see a temporary "pump" if a whale intervenes with a surprise purchase.
🔮 Short-term forecasts (1-7 days):
Positive scenario:
If the price holds above 0.00001124 and strong buying occurs, it could return to test 0.00001191 then 0.00001229.
Negative scenario:
If the level of 0.00001124 is broken again, the next level will be 0.00001115 or lower.
📌 Technical advice:
> It is preferable to wait and not enter currently unless there is a clear rebound confirmation above 0.00001153 with high trading volume.
Anyone entering now is considered in a high-risk zone without strong support signals.
#pep #PEPE市值超越LTC #BlackRockETHPurchase #TrumpMediaBitcoinTreasury #CUDISBinanceTGE $PEPE