🚀 $PEPE Technical Analysis June 17, 2025: PRICE STANDS AT $0.00001071 WITH BEARISH MOMENTUM 📉
📊 Market Insight
• Current Price: 0.00001071 USDT
• Moving Averages (MAs) indicate a bearish shift.
• Volume has surged significantly, reflecting strong selling pressure following the recent drop from the 24h high.
• MACD shows a bearish trend.
• RSI values are in neutral to oversold territory.
📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001146 (immediate resistance)
0.00001157 (next resistance)
🔽 Support Levels:
0.00001082 (recent support level)
0.00001024 (immediate support)
0.00001017
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $0.00001146
☑️ Entry Point: $0.00001150 (enter if price breaks above 0.00001146 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001157
🛑 Stop Loss: $0.00001140 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 0.00001146, a surge in volume, RSI(6) rising above 50, and MACD showing a bullish crossover with DIF rising above DEA.
🐻 Bearish Trade Setup: Breakdown below $0.00001082
☑️ Entry Point: $0.00001078 (enter if price breaks below 0.00001082 with bearish momentum confirmation)
🎯 Price Target
TP1: $0.00001024
TP2: $0.00001017
🛑 Stop Loss (SL): $0.00001090 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 0.00001082, a decline in volume, RSI(6) dropping below 30, and the MACD continuing to show a bearish trend with DIF falling further below DEA.
📌 Suggestion to Open Positions Today:
A bearish setup appears more likely given the recent price drop below key MAs and the bearish MACD signal, especially if the price breaks below $0.00001082 with confirmation. For bullish traders, a rebound above $0.00001146 could signal a recovery, but the current momentum and RSI in oversold territory suggest caution. Tight stop losses are highly recommended due to the highly volatile nature of this asset.
#PEPE #dailyearnings #signaladvisor #memecoin🚀🚀🚀
