๐Ÿ“Š Pepe Coin (PEPE) Price Analysis โ€“ February 2025

๐Ÿ”น Current Price:

๐Ÿ“‰ $0.00000935 โ€“ PEPE is trading near the lower end of its medium-term range. Over the past month, it has dropped 52.41% from its December 9, 2024 high of $0.000028.

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๐Ÿ“ˆ Technical Indicators:

๐Ÿ“Œ Price Action & Trend:

๐Ÿ” PEPE is consolidating after a sharp correction. A bullish engulfing pattern has appeared on the weekly chart, signaling potential buying momentum. However, the overall market sentiment remains bearish ๐Ÿ›‘.

๐Ÿ“Œ Support & Resistance:

๐Ÿ›  Support Levels:

๐ŸŸข $0.000010 (Key Support)

๐ŸŸข $0.000009 & $0.000008 (Additional Support Zones)

๐Ÿšง Resistance Levels:

๐Ÿ”ด $0.000012, $0.000013, $0.000014 (Major Resistance)

A breakout above resistance would be a bullish signal โœ….

๐Ÿ“Œ Momentum & Volume:

๐Ÿ“Š RSI is showing oversold conditions, which may support a short-term bounce. However, low trading volume makes the outlook uncertain ๐Ÿค”.

๐Ÿ“‰ Market sentiment (Fear & Greed Index) remains in "Fear" territory ๐Ÿ˜จ.

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๐Ÿ”ฎ Outlook:

๐Ÿ“Œ If buyers push PEPE above $0.000012, a recovery could begin.

๐Ÿ“Œ A confirmed bullish trend would require higher volume & sustained breakout ๐Ÿš€.

๐Ÿ“Œ Given PEPE's volatility, risk management is crucial โš ๏ธ.

๐Ÿ“ข Summary: While early signs of reversal exist (like the bullish engulfing pattern), PEPE is still consolidating near support. Watch momentum & volume closely before making any moves ๐Ÿ‘€๐Ÿ“Š.

๐Ÿ”” Stay cautious & trade smart! ๐Ÿš€