🚀 $PEPE Technical Analysis June 20, 2025: PRICE STANDS AT $0.00001012 WITH BEARISH MOMENTUM 📉
📊 Market Insight
• Current Price: 0.00001012 USDT
• Moving Averages (MAs) indicate a bearish trend.
• Volume is extremely high, indicating significant market activity, but the recent price decline reflects stronger selling pressure compared to buying interest.
• MACD shows a bearish trend.
• RSI values are in oversold territory.
📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001048
0.00001056
0.00001095
🔽 Support Levels:
0.00001011
0.00000995
0.00000960
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $0.00001048
☑️ Entry Point: $0.00001050 (enter if price breaks above 0.00001048 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001056
TP2: $0.00001095
🛑 Stop Loss: $0.00001045 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 0.00001048, an increase in volume, RSI(6) rising above 30, and MACD showing a bullish crossover with DIF rising above DEA.
🐻 Bearish Trade Setup: Breakdown below $0.00000995
☑️ Entry Point: $0.00000990 (enter if price breaks below 0.00000995 with bearish momentum confirmation)
🎯 Price Target
TP1: $0.00000960
TP2: $0.00000950 (potential further support level)
🛑 Stop Loss (SL): $0.00001000 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 0.00000995, a decline in volume, RSI(6) dropping further below 20, and the MACD continuing to show a bearish trend with DIF falling further below DEA.
📌 Suggestion to Open Positions Today:
A bearish setup remains probable given the current price drop below key MAs and the bearish MACD signal, especially if the price breaks below $0.00000995 with confirmation. However, the oversold RSI levels suggest a potential bounce, so caution is advised. For bullish traders, a recovery above $0.00001048 could signal a reversal. Employing tight stop losses is highly recommended.
#PEPE #dailyearnings #signaladvisor #memecoin🚀🚀🚀
