$PEPE
📊 Technical Analysis (30-Minute Frame):
Current Price: 0.00000977 USDT
Follow to get the latest updates 🥰🇲🇦
Moving Averages:
The price is back above MA(25) = 0.00000973
Facing resistance at MA(99) = 0.00000992
Chart Pattern:
Clear breakout from the descending channel
Establishing a support base at 0.00000916
The most important upcoming resistance at 0.00001015, then 0.00001079
MACD Indicator: Recent positive crossover, indicating the beginning of potential bullish momentum
RSI: In the neutral zone, meaning there is room for upward movement without being overbought
📢 Highlights from the latest tweets and current influences:
1. 📌 Tweet from WhaleWatcher:
> "Whale purchased 1.2 trillion $PEPE worth 1.1 million dollars in the last 48 hours."
⟶ Impact: Boosts confidence among speculators and increases the chances of a bullish reversal.
2. 📌 Tweet from Lookonchain account:
"PEPE shows signs of accumulation in old wallets, with a significant reduction in supply on exchanges."
⟶ Impact: Indicates long-term holding intent which reduces selling pressure.
🔍 Summary:
Technical momentum is improving after breaking the descending channel.
Nearby resistances are 0.00000992 and then 0.00001015.
Strong support at 0.00000944 and then 0.00000916.
Short-term outlook: Positive, conditional on staying above MA(25).
Positive psychological factors from whale movements and tweets enhance the rebound, but breaking the level of 0.00001015 is necessary to confirm the bullish reversal.
Your brother Mohammed buino, Ksar El Kebir ♨️🥰