The $PEPE coin is currently experiencing a strong upward movement on the short time frame, with the price recording a level of 0.00001143 after a noticeable rise during the past hours.
✅ Key technical points:
Moving Averages (EMA 20 / 50 / 99): The price is trading above all averages, reflecting the strength of the upward trend and the continuation of buying momentum.
Momentum Indicators (RSI & Stoch RSI): All are in overbought areas, which may indicate the possibility of a temporary correction before continuing the rise.
MACD Indicator: Gives a positive signal supporting the continuation of the upward trend.
Trading volumes: There is a noticeable increase in liquidity, which enhances the chances of continued upward movement in the near term.
📊 Expected Scenarios:
🔹 Positive Scenario (currently the strongest):
If the price stabilizes above 0.00001130, we may see a retest of resistance at 0.00001147 with the possibility of heading towards areas 0.00001160 – 0.00001180.
🔹 Corrective Scenario:
If the price fails to hold above 0.00001130, it may retreat towards support areas at 0.00001110 – 0.00001095 before resuming the rise.
📌 Summary:
The overall trend of the coin remains strongly upward, but entering the market in overbought areas requires some caution, and waiting for a slight correction may be a better opportunity to enter from stronger support levels.
🚨 Don't miss any opportunities in the crypto world!
Follow me 🔔 to receive the latest news, analyses, and profit opportunities from Binance and cryptocurrencies in real-time 💹🔥
Always stay one step ahead 💡
PEPE
0.00001013
-6.37%
$BTC
BTC
112,253.06
-2.04%
$ETH
ETH
4,610.74
-4.09%
#HEMIBinanceTGE #FamilyOfficeCrypto #CryptoRally #PowellWatch #ETHInstitutionalFlows
