PEPE/USDT is increasingly attracting traders’ attention due to its recent price movements. While there is no previous analysis for this pair here, we are taking a deep dive into its current behavior to identify opportunities it could offer. This analysis relies on fundamental technical tools to provide clear insights and tailored strategies.

🚀Detailed technical analysis

1. General trend (EMAs)

EMA(7): $0.00001959 — Located below the current price ($0.00002024), confirming a short-term bullish trend.

EMA(25): $0.00001562 and EMA(99): $0.00001139 — Mark positive momentum on the medium time frames, consolidating the strength of the recent rise.

2. Momentum indicators (RSI and MACD)

RSI(16): 63.09 — In neutral territory but in an increasing trend, showing buying pressure that could continue in the short term.

MACD: Positive with DIF at 0.00000289, signaling bullish momentum still present.

3. Volumes

Volumes, although high, are slightly down, suggesting a potential period of consolidation or a pause in the current momentum.

4. Supports and resistances

Key Support: $0.00001959 (EMA(7)) — A pullback towards this level could offer an attractive entry point.

Major resistances: $0.00002056 (recent high) and $0.00002692 (upside target in case of break).

Possible strategies

Buyers:

An entry around the $0.00001959 support with a stop-loss just below can be considered to target a test of the $0.00002056 resistance and potentially a target above $0.00002692.

Sellers:

In case of a break below $0.00001959, a short position could be considered with a target towards $0.00001562.

Conclusion and next step

The PEPE/USDT pair is showing encouraging signs of bullish continuation, but consolidation is likely before a new impulse. Support and resistance levels will play a key role in the next moves. Close monitoring of volumes and indicators is essential to adjust strategies.

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