PEPE Coin Analysis
Current Price
Price: 0.00001112 USDT
24 Hour Change: +8.28%
Highest Price: 0.00001121
Lowest Price: 0.00000981
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🔹 Technical Indicators Overview
1. Candlesticks
The chart clearly shows that the price broke through a support level (0.00000981) and surged strongly, forming long green candles → an indication of strong liquidity entering the market.
Currently, the price is close to resistance at 0.00001121.
2. MACD Indicator
The MACD has a bullish crossover with the Signal → reinforcing the upward trend.
3. RSI (Relative Strength Index)
The value is at 80.84 → in the overbought zone.
This indicates a potential correction (short-term decline) before continuing to rise.
4. Stoch RSI Indicator
The value is 100 → also in a very strong overbought condition.
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🔹 Expected Scenarios
Short-term (Hours – Days):
We might see a corrective move (profit-taking) because RSI and StochRSI are in the overbought zone. The nearest support is at 0.00001060 – 0.00001000.
Medium-term (Days):
If the price maintains the level of 0.00001000, it may target the next resistance at:
0.00001150
then 0.00001220
In case of breaking below 0.00000980:
We might see a drop towards 0.00000950 – 0.00000900.
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#Dogecoin #StrategyBTCPurchase
✅ Summary:
The short-term trend is currently bullish, but the market is in an overbought condition, so it’s better to wait for a correction before entering a new buy.
Long-term investors may hold if they have a buy position at lower prices
