🚀$PEPE /USDT Market Update – “Bulls Testing the Waters”🤔🔐👇
1H Chart View (Short-Term Momentum)
$PEPE Price is trading at 0.00001145 and showing strong green candles, breaking above the recent short-term consolidation.
The 20 EMA is acting as a dynamic support, with bulls successfully defending it.
RSI at 66.55 is close to the overbought region, suggesting short-term buying pressure but also hinting at a possible pullback if momentum slows.
Immediate resistance: 0.00001160 – 0.00001180
Support zone: 0.00001115 – 0.00001092🔨
1D Chart View 👨🏫
Price is currently at 0.00001146, pushing above the 20 EMA for the first time in weeks.
Key moving averages (50 EMA at 0.00001134, 100 EMA at 0.00001120) are clustering near price — a breakout above them could confirm a mid-term trend reversal.
RSI at 50.30 is climbing from the oversold zone, showing increasing bullish momentum.
Next major resistance: 0.00001200 – 0.00001300
Strong support: 0.00001120 – 0.00001117
Trade Bias:✅
Currently leaning bullish as long as $PEPE price holds above 0.00001120 on daily closes. A clean breakout above 0.00001200 could invite further momentum buying.
Watch for a retest of the 0.00001120 zone. If it holds as support, it could be a safer entry for continuation plays.
This is not financial advice. Trade at your own risk and use proper risk management.
