🚀 $PEPE Technical Analysis June 07, 2025: PRICE STANDS AT $0.00001160 WITH RECOVERING MOMENTUM 📈
📊 Market Insight
• Current Price: 0.00001160 USDT
• Moving Averages (MAs) indicate a recovery trend.
• Volume has increased notably, indicating heightened market activity.
• MACD is nearing a bullish signal.
• RSI values are in neutral territory.
📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001161 (24h high)
0.00001208 (recent high)
0.00001230 (psychological resistance)
🔽 Support Levels:
0.00001095 (recent low)
0.00001037 (significant support from prior drop)
0.00001000 (next psychological support)
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $0.00001161
☑️ Entry Point: $0.00001170 (enter if price breaks above 0.00001161 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001208
TP2: $0.00001230
🛑 Stop Loss: $0.00001150 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 0.00001161, an increase in volume, RSI(6) stabilizing above 70, and a MACD bullish crossover with DIF moving above DEA.
🐻 Bearish Trade Setup: Breakdown below $0.00001095
☑️ Entry Point: $0.00001085 (enter if price breaks below 0.00001095 with bearish momentum confirmation)
🎯 Price Target
TP1: $0.00001037
TP2: $0.00001000
🛑 Stop Loss (SL): $0.00001110 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 0.00001095, sustained high volume, RSI(6) falling below 30 (into oversold territory), and the MACD showing a bearish trend with DIF dropping below DEA.
📌 Suggestion to Open Positions Today:
The RSI(6) in overbought territory indicates a risk of a short-term pullback. Traders should wait for a clear breakout above $0.00001161 for a bullish setup, targeting $0.00001230, or a breakdown below $0.00001095 for a bearish move. Use tight stop losses to manage risk in this volatile meme coin environment.
#PEPE #dailyearnings #signaladvisor #memecoin🚀🚀🚀