Technical analysis for the PEPE currency

Current price: approximately 0.00001249 dollars

The trading range over the past 24 hours is between 0.00001199 and 0.00001264 dollars

The currency faces nearby resistance at 0.00001264 dollars and support at 0.00001200 dollars

Technical indicators:

In case of breaking the level of 0.00001264 dollars and holding above it, the price may head towards 0.00001300 dollars as an important psychological level

Breaking the support level of 0.00001200 may push the price to test 0.00001180 and then 0.00001150 dollars

The Relative Strength Index (RSI) is in the positive zone but close to overbought levels, which may indicate a potential correction

The short-term moving averages EMA 9 and EMA 21 are converging, and any bullish crossover may provide a strong upward push

Market activity:

Slight increase in trading volume compared to the previous day, reflecting traders' interest in current levels

Whale activity:

Almost stable with some buying from mid-level wallets

Forecasts:

Bullish scenario: Breaking through the resistance at 0.00001264 with targets at 0.00001300 and then 0.00001320 dollars

Bearish scenario: Breaking the support at 0.00001200 may push towards 0.00001180 and then 0.00001150 dollars

Recommendations: 🔥📌

Buy near the support level of 0.00001200 dollars with a stop loss below 0.00001180 dollars

Taking profit at 0.00001300 dollars or 0.00001320 dollars if the breakout is achieved

Risk management:

Setting appropriate stop-loss orders and avoiding entering with full capital

$PEPE

#BinanceSquareFamily #PEPE‏ #pepe⚡ #PEPEATH #PEPE创历史新高 $PEPE $PEPE