📊 $PEPE /USDT Technical Update – Short-Term Outlook

As of now, PEPE is trading at 0.00001155 USDT, showing a slight upward move of +0.52% on the hourly chart. Let’s take a closer look at the current technical signals:

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🔍 Technical Snapshot:

Resistance: 0.00001176 (recent high)

Support: 0.00001129 (24h low)

Volume: Increasing, indicating growing interest

RSI(6): 57.27 – Neutral to mildly bullish

MA Crossover: MA(5) > MA(10) – Short-term bullish bias

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📈 Bullish Scenario:

If PEPE breaks and closes above 0.00001176 with strong volume, we could see a move toward 0.00001180–0.00001200 in the near term. A rising RSI above 60 would further confirm bullish momentum.

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📉 Bearish Risk:

Failure to maintain above 0.00001129 may trigger a pullback, with downside targets at 0.00001110 or even 0.00001096. Watch for weakening volume and RSI falling below 50 as early signs.

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⚖️ Neutral/Consolidation:

In case of sideways movement, expect price action to remain range-bound between 0.00001129–0.00001176 as the market awaits stronger direction.

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📌 Conclusion:

PEPE is at a critical zone. Traders should monitor volume and RSI closely. A breakout or breakdown from the current range could set the tone for the next move.

Stay alert, and manage risk accordingly. 🚀📉