📈 Current Price Performance $PEPE
- Current price: $0.00001255.
- Daily range: between $0.00001098 and $0.00001308, reflecting high volatility.
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📉 Key Technical Indicators
1. Moving Averages (Strong Uptrend)
All moving averages (simple and exponential) from 5 to 200 days show strong buy signals, indicating the continuation of the upward trend:
- MA5: 0.00001282 (Buy signal).
- MA200: 0.00001026 (Buy signal).
2. Oscillator Indicators
- RSI (14): 79.6 - In the overbought zone, which may indicate a potential short-term correction.
- MACD (12,26): 0, Neutral signal with the potential for a positive turn.
- Stochastic RSI: 79.15 - Overbought signal.
- ADX (14): 62.05 - Indicates a strong trend.
3. Key Pivot Points
Critical trading levels today:
- Support: S1 at 0.00001247,
S2 at 0.00001243.
- Resistance: R1 at 0.00001301,
R2 at 0.00001318.
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🔮 Short-term Forecast
1. Base Scenario:
- If the price stays above 0.00001280, it may target 0.00001318 (resistance R2).
- Breaking this level may open the door for a rise towards 0.00002160 (+117% from the current price).
2. Important Warnings:
- Correction risks: RSI indicator in the overbought zone may lead to pullbacks towards 0.00001197 (support MA20).
- The large trading volume ($7 billion) supports the upward trend but increases volatility.
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⚠️ Points for Traders Today
- Entry: Buy near support levels (0.00001247) with a stop loss below 0.00001200.
- Exit: at resistance levels (0.00001318) or in case of indicator reversal.
- Monitoring: Overbought indicators (RSI, Stochastic) and immediate market news.
> ✅ Summary: Daily technical signals are strongly positive with a warning of a short-term correction due to overbought conditions. Caution is advised in trading, focusing on immediate support and resistance levels.
