💡 Quick technical analysis:
✅ Bounce after a strong bleed! The price rebounded from the bottom at 0.00001044 and is now stabilizing at 0.00001108 with an increase of +2.69% – initial signals for a potential upward wave.
✅ RSI is rising quietly! The Relative Strength Index (RSI) is at 37.81, still far from the overbought zone, giving the currency plenty of room for more upward movement.
✅ MACD is gradually converging! Although it remains in the negative zone, the gap between DIF and DEA has started to narrow (DIF: -0.00000032 / DEA: -0.00000028), indicating a potential bullish crossover.
✅ Momentum is improving! The Stochastic K indicator has surpassed 53, and J has broken through the 82 level, enhancing the likelihood of continued upward movement.
✅ Stability above MA(5)! The crossover of the 5-day average with the 10-day average is still negative, but stability above MA(5) reflects the beginning of stabilization after the decline.
$PEPE
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📊 Expected scenario:
If PEPE can break through the immediate resistance at 0.00001131, we might see an attempt to reach the 0.00001230 and then 0.00001360 areas – levels recently seen at the previous peak.
In the case of a decline, strong support at 0.00001044 remains a safety valve for the bulls.
$PEPE
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🔥 Is PEPE preparing to make a strong comeback?! After a strong profit-taking wave, technical indicators are starting to sketch a potential new beginning for an upward movement! The market is calming before the storm – are you ready before the spark ignites? 🚀🌊