A simplified and updated technical analysis for the currency $PEPE PEPE (Pepe Coin) on the Binance platform:
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🔹 Current Price:
$0.00001051 (Last updated: August 4, 2025)
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🔸 Technical Indicators (1-hour Frame):
RSI (Relative Strength Index): 61
↪ Indicates that the market is in a nearly overbought area, but not yet at overbought levels (70).
MACD: Slight upward crossover
↪ May indicate the beginning of new buying momentum in the short term.
Volume: Slight increase in trading volume over the past hours, reinforcing the current upward trend.
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🔻 Support and Resistance:
Type Level
Support 1 0.00000980
Support 2 0.00000940
Resistance 1 0.00001100
Resistance 2 0.00001150
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🔄 Current Trend:
Short-term upward trend, if the price maintains the level of 0.00001000.
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✅ Current Recommendation:
If you are day trading (Scalping):
✔ Buy above 0.00001030, and sell at 0.00001100 or 0.00001140.
If you are a medium-term investor:
🔁 Buy on a correction to the level of 0.00000980 or lower.
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