💡 Quick technical analysis:
✅ Notable rebound! After a quick drop to the $0.00001220 area, the price has currently rebounded to $0.00001238, which may indicate the beginning of an upward correction.
✅ RSI in oversold territory! The Relative Strength Index (RSI) is at 26.89, which is below 30, indicating that the currency is in a strong oversold condition – a bullish rebound may be imminent!
✅ MACD shows a decline in negative momentum! The difference between DIF and DEA lines is narrowing, and a bullish crossover is near, which could spark a strong green candle!
📊 Liquidity returns! High trading volume (over 33.9 billion PEPE in 15 minutes), with MA(5) crossing above MA(10), a preliminary indicator of a trend reversal.
$PEPE
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🚀 Expected scenario:
If the price surpasses the next resistance area at $0.00001269, we could see a rapid surge towards $0.00001324 and then $0.00001345!
In case of a pullback, $0.00001220 remains a very strong support level that could form an excellent rebound base.
$PEPE
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🔥 Is PEPE ready for a big rebound?!
As the currency enters a state of overselling and trading volumes increase, the opportunity may be very close! Will you be the one to ride the wave before the explosion? 🐸📈
