Here is a professional technical and news analysis for PEPE coin based on the latest analysis
Current price: 0.00000994 USD
Daily decline: -12.73%
Lowest price in 24 hours: 0.00000978
Highest price in 24 hours: 0.00001143
🔧 Technical indicators:
Moving averages (EMA):
EMA20 = 0.00001035
EMA50 = 0.00001051
EMA99 = 0.00001069
The current price is below all moving averages, confirming the short-term bearish trend.
Relative Strength Index (RSI):
RSI(7) = 15.2
RSI(12) = 21.3
RSI(24) = 28.4
Indicators indicate entering the oversold area, suggesting a possible upcoming bullish rebound.
MACD:
Negative and far from the positive crossover, which reinforces the continuation of selling pressure in the near term.
Stochastic RSI:
Stoch RSI below 10, which enhances the probability of a temporary rebound.
📉 Candles:
The last candles show a strong and sudden decline with a long lower wick, which may signal attempts at a rebound.
📰 News and market analysis
PEPE coin is experiencing strong selling pressure amid a profit-taking wave after a strong rise in recent days. A decline of over 12% in 24 hours indicates that many traders are exiting their positions.
However, this decline may present an entry opportunity for investors interested in accumulation or quick trading, especially as the indicators approach reversal areas.
📊 Trading volumes:
PEPE trading volume: 27.9 trillion
Corresponding USDT trading volume: 298 million
These large volumes mean there is high activity and the potential for a strong upcoming movement.
✅ Possible trading opportunity (not financial advice):
Potential entry area: between 0.00000980 – 0.00000960 if support is maintained.
First target: 0.00001035 (EMA20)
Second target: 0.00001070 (EMA99)
Stop loss: closing below 0.00000950 consistently.
💬 Conclusion:
Despite the sharp drop, technical indicators suggest that the selling wave may soon end and a technical rebound is likely in the coming hours. Close monitoring of price movement on the 15-minute interval is crucial to determining the optimal entry moment.
🚨 Don't miss any opportunity in the crypto world!
Follow me 🔔 to get the latest news, analyses, and profit opportunities from Binance and cryptocurrencies as they happen 💹🔥
Always be one step ahead 💡
#BinanceAlphaAlert #SparkBinanceHODLerAirdrop #BombieBinanceTGE #IsraelIranConflict #FOMCMeeting
