The currency has$PEPE shown remarkable recovery on a 15-minute interval, as the price strongly broke the previous resistance area at 0.00001130, recording a new peak at 0.00001153, with a daily increase exceeding +6.9% amid increasing buying momentum.
🔥 Technical indicators support the rise:
The price is moving above the three moving averages (EMA20, EMA50, EMA99) in ascending order.
The RSI indicator at 73 reflects clear buying strength despite approaching overbought areas.
The Stoch RSI indicator is still moving upwards, showing the potential for momentum to continue.
MACD has started a positive crossover, supporting the bullish scenario.
✅ Potential strong entry area:
If the currency returns to test the area 0.00001130 – 0.00001140 with stability above it, it will be an ideal entry opportunity supported technically by EMA20.
🎯 Logical nearby targets:
First target: 0.00001170
Second target: 0.00001195
Third target: 0.00001225 (if momentum continues)
🛑 Suggested stop loss:
Clear break with stability below 0.00001110
📊 Potential Scenarios:
🔸 Positive scenario (currently the strongest):
Continuation of upward momentum and breaking the peak of 0.00001153 with confirmation on trading volume, which may push the price towards the above-mentioned targets.
🔸 Corrective scenario:
The price returning to test support at 0.00001130 – 0.00001117, followed by a bullish rebound that may form a new buying opportunity.
🔸 Negative scenario:
If 0.00001110 is broken with stability, the price may witness a deeper correction towards 0.00001095.
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