🚀 $PEPE Technical Analysis June 14, 2025: PRICE STANDS AT $0.00001118 WITH STRONG BULLISH RECOVERY 🌱
📊 Market Insight
• Current Price: 0.00001118 USDT
• Moving Averages (MAs) show a potential reversal, indicating a longer-term bearish trend with short-term recovery.
• Volume has surged reflecting significant buying interest.
• MACD shows a potential bullish crossover.
• RSI values are in neutral to overbought territory.
📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001131
0.00001186 (near MA(99) resistance)
0.00001263
🔽 Support Levels:
0.00001044 (immediate support)
0.00001033
0.00001000
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $0.00001131
☑️ Entry Point: $0.00001135 (enter if price breaks above 0.00001131 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001186
TP2: $0.00001263
🛑 Stop Loss: $0.00001120 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 0.00001131, a surge in volume, RSI(6) rising above 70, and a MACD bullish crossover with DIF continuing to rise above DEA.
🐻 Bearish Trade Setup: Breakdown below $0.00001044
☑️ Entry Point: $0.00001040 (enter if price breaks below 0.00001044 with bearish momentum confirmation)
🎯 Price Target
TP1: $0.00001033
TP2: $0.00001000
🛑 Stop Loss (SL): $0.00001050 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 0.00001044, a decline in volume, RSI(6) dropping below 30, and the MACD showing a bearish trend with DIF dropping below DEA.
📌 Suggestion to Open Positions Today:
A bullish setup could be considered if the price breaks above $0.00001131 with strong confirmation from volume and indicators, suggesting a potential continuation of the recovery. For bearish traders, a breakdown below $0.00001044 could offer a short-term entry, though the recent volume spike and rising RSI suggest caution for further downside. Tight stop losses are highly recommended.