๐ Current price: 0.00000947 USDT (-4.82%)
$PEPE /USDT is entering a crucial phase, as resistance and support levels clash in a tug-of-war that could determine the next direction! Letโs take a look at the charts and explore the possible scenarios.
๐ Technical Analysis - 4-hour time frame
๐ Key Notes:
โ Anchored VWAP Resistance: A strong barrier based on the last price high. ๐
โ Support Speed โโFan Resistance: Level 0.75 plays an important role in the price action. ๐ก๏ธ
โ Point of Control (POC): A high trading area that indicates market interest. ๐
โ Fibonacci levels: provide potential support and resistance points. ๐ข
๐ Important technical levels
๐น Resistors:
R1: 0.00000956 USDT
R2: 0.00001008 USDT
๐น Support:
SEE: 0.00000970 USDT
ST: 0.00000858 USDT
S2: 0.00000824 USDT
๐ Indicators worth following:
๐ธ Anchored VWAP โ Pivotal resistance that must be surpassed to confirm the upside.
๐ธ Support Speed โโFan โ May form major support on pullback.
๐ธ POC โ Pivot point of market movement.
๐ธ Fibonacci (0.382, 0.618) โ Important reversal areas.
๐ Why is this analysis important?
๐น Strong Trading Opportunity: We may witness an upward breakout or price breakdown, creating opportunities for speculation.
๐น Risk Management: Knowing these levels helps you adjust your strategy more accurately.
๐ก Smart Trading Strategy
โ Wait for confirmation โ Do not enter the trade before a clear signal appears.
โ Use price alerts โ so you don't miss the crucial moment.
โ Apply risk management โ Use stop loss to avoid surprises.
โ Watch the trading volume โ because its increase may be a signal of a strong breakout.
โ Warning: The market is volatile, so be prepared for any scenario!
๐ฎ What's next for $PEPE ?
๐ข Will we see a breakout towards new levels, or will the price decline to test support? ๐ค
Share your thoughts in the comments! ๐
๐ Watch the market carefully, trade smart! ๐