The currency $PEPE /USDT is experiencing stable price movement in recent hours, amidst moderate momentum and attempts to break the last resistance. Will the currency succeed in continuing its rise?

🔹 Current price:

0.00001047 USDT (+3.66%)

🔹 Key technical data:

  • Highest price in 24 hours: 0.00001056

  • Lowest price in 24 hours: 0.00000999

  • Trading volume: 70.49M USDT

  • PEPE coin volume in 24 hours: 6.81T

✅ Technical indicators indicate the beginning of bullish momentum:

📈 Moving averages:

  • EMA 20 = 0.00001046

  • EMA 50 = 0.00001044

  • EMA 99 = 0.00001040

    🔹 The current price is breaking through all these averages upwards, enhancing the likelihood of continuing the upward trend.

💠 Momentum indicators:

  • RSI (7-12-24): Ranges between 51 and 52 – in the neutral zone leaning towards bullish.

  • Stoch RSI: Rising from the oversold area, enhancing the likelihood of a positive move.

  • MACD: Still close to the zero line, but there is a potential beginning of a bullish crossover.


🧭 Upcoming technical scenarios:

✳️ Positive scenario:

  • Continuing to hold above 0.00001040

  • Breaking the recent peak at 0.00001056 ➜ targets price levels:

    • 0.00001080

    • 0.00001105 (as the next resistance)


❌ Negative scenario:

  • Breaking support at 0.00001040 ➜ may pressure the price to test:

    • 0.00001020

    • Then the daily low 0.00000999

📌 Recommendation:

The continuation of the rise is likely if the level of 0.00001056 is broken steadily. However, in case of weakness and loss of support at 0.00001040, caution is required.

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