$PEPE PEPE/USDT for the next 24 hours, here’s the breakdown:

1. Trend Analysis:

The PEPE/USDT chart shows a previous bullish trend (significant price increase) followed by a slight correction.

The current price is at 0.00002280, with the 7-day moving average (MA7) below the price, indicating that the momentum is still bullish, but there’s a potential for correction.

2. Key Indicators:

RSI (6): Around 61, nearing the overbought zone. This shows that momentum is weakening but hasn’t fully entered overbought territory yet.

Stochastic K/D: With K = 70 and D = 61, there’s potential for a reversal downwards if the price fails to break resistance.

MACD: The histogram is weakening, with a bearish crossover between the DIF and DEA lines. This signals increasing selling pressure in the short term.

3. Critical Levels:

Key Resistance: 0.00002400 (the 24-hour high).

Key Support: 0.00001880 (the 24-hour low).

4. Trading Plan:

Buy Entry: If the price breaks above 0.00002300, it confirms a continuation of the bullish trend. The profit target would be 0.00002400 - 0.00002600.

Stop Loss: 0.00002150 (below the MA25 and nearest candle support).

Sell Entry: If the price fails to break 0.00002300 and weakens below 0.00002180, this signals a bearish move with a target around 0.00002000.

Stop Loss: 0.00002250.

5. Conclusion:

The market currently shows weak bullish momentum. If indicators strengthen, focus on a Buy on breakout strategy.

If market sentiment weakens, use a Sell on breakdown strategy with conservative targets.

Use this plan with strict risk management, as PEPE/USDT is highly volatile.

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