$PEPE
📈 Quick Technical Analysis: Brief and Concise 🐸
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1. General Trend (Trend):
The trend over the past two days shows a gradual upward recovery from the low of 0.00001037 to 0.00001168.
The current price is fluctuating sideways (consolidation), indicating a phase of accumulation.
2. Support and Resistance:
Nearest support: 0.00001103
Strongest support: 0.00001037 (Strong low)
Nearest resistance: 0.00001168
Next resistance: 0.00001207
3. Momentum and Indicators:
The performance of the currency over:
90 days: +93.37% ▲ (Clear positive trend)
30 days: +2.25% ▲
7 days: +2.40% ▲
Today: -1.22% ▼ (Slight correction)
The Relative Strength Index (RSI) is not visible but seems to be within neutral areas currently.
4. Market (Demand/Supply):
Buying ratio 55.37% vs. Selling 44.63% → Indicates a slight dominance of buyers despite the temporary decline.
🧠 Summary and Scenarios:
Positive Scenario (Bullish):
If the price stabilizes above 0.00001130 and moves again towards 0.00001168 and then breaks it, we may see a target of 0.00001200 - 0.00001250.
Negative Scenario (Bearish):
Breaking the support level of 0.00001103 may bring the price back towards 0.00001066 and then the strong low at 0.00001037.
✅ General Recommendation:
Speculation: Wait for a clear break of the level 0.00001168 to buy with a stop loss below 0.00001100.
Long-term investor: The overall trend remains bullish in the medium term, and corrections can be exploited for gradual entry.
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