Binance Market Update – PEPE & ADA in Focus
🐸 PEPE/USDT
Current Price: 0.00000933 USDT (+1.86%)
Support: 0.00000886 (recent low, Bollinger lower band)
Resistance: 0.00001016 → 0.00001191
RSI (14): 38 → Oversold zone, signalling potential rebound.
Outlook: After a sharp correction from 0.00001270, PEPE is showing signs of stabilization. If bulls defend 0.00000886, a bounce toward 0.00001025–0.00001100 is possible.
👉 Strategy: Accumulate in dips near support, target short-term 10–15% upside. Manage risk with stop-loss below 0.00000850.
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🔷 ADA/USDT (Cardano)
Current Price: 0.7816 USDT (+0.08%)
Support: 0.7542 (recent low, EMA200 holding strong)
Resistance: 0.85 → 0.93
RSI (14): 38 → Near oversold, suggesting upside potential.
Outlook: ADA bounced from 0.7542 support with EMA200 offering stability. A breakout above 0.85 could trigger momentum toward 0.93.
👉 Strategy: Swing traders can enter above 0.78–0.80, aiming for 0.85–0.93. Stop-loss below 0.74 to protect the downside.
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📌 Summary
PEPE: High-risk, high-reward meme play with a short-term bounce setup.
ADA: Strong layer-1 recovery play; holding key support for a potential mid-term rally.
⚠️ Disclaimer: Not financial advice. DYOR before trading. Crypto markets are highly volatile.
