The $PEPE coin is witnessing increased activity in recent hours, attracting the attention of traders on short time frames. We provide you with a technical analysis based on 15-minute frame data to identify entry and exit opportunities amid these movements.
📍 Current Price:
PEPE/USDT = 0.00001327
Daily High: +0.76%
🔄 Overall Trend (Short Term):
The price is moving upward after breaking the short-term moving averages.
The price is currently above:
EMA20 = 0.00001311
EMA50 = 0.00001311
But it is still close to:
EMA99 = 0.00001317
This reflects the beginning of an initial breakout, but the upward trend has not yet been confirmed in the medium term.
💡 Momentum Indicators:
Stoch RSI = 94.14
In a strong overbought zone → possibility of a correction or slowdown.
RSI (7) = 70.5
Also indicates overbought → opportunity for a temporary pause before continuing the rise.
MACD shows a clear bullish crossover → supports positive momentum.
🔍 Key Support and Resistance Levels:
Current Resistance: 0.00001331
First Support: 0.00001311 (Moving Average Zone)
Second Support: 0.00001284 (Previous Low)
✅ Technical Recommendations:
🔹 Current Trend: Upward (short term)
🔹 Momentum: Positive, but overbought
🔹 Suitable Entry Point: Between 0.00001300 and 0.00001311 during a temporary pullback
🔹 Potential Profit Taking Targets:
First Target: 0.00001331
Second Target: 0.00001354
🔹 Suggested Stop Loss: Below 0.00001284
📌 Important Note for Traders:
If you are in the trade: Consider taking partial profits upon breaking resistance at 0.00001330, especially given the current overbought condition.
If you are waiting to enter: Watch for a price pullback towards 0.00001300, as it may be a good opportunity to enter provided a confirming technical signal appears.
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