📉 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! Let’s take a look at the charts and explore the possible scenarios.
🔍 Technical Analysis - 4-hour time frame
🔑 Key Notes:
✔ Anchored VWAP Resistance: A strong barrier based on the last price high. 🛑
✔ Support Speed Fan Resistance: Level 0.75 plays an important role in the price action. 🛡️
✔ Point of Control (POC): A high trading area that indicates market interest. 📍
✔ Fibonacci levels: provide potential support and resistance points. 🔢
📊 Important technical levels
🔹 Resistors:
R1: 0.00000956 USDT
R2: 0.00001008 USDT
🔹 Support:
SEE: 0.00000970 USDT
ST: 0.00000858 USDT
S2: 0.00000824 USDT
📈 Indicators worth following:
🔸 Anchored VWAP → Pivotal resistance that must be surpassed to confirm the upside.
🔸 Support Speed Fan → May form major support on pullback.
🔸 POC → Pivot point of market movement.
🔸 Fibonacci (0.382, 0.618) → Important reversal areas.
🚀 Why is this analysis important?
🔹 Strong Trading Opportunity: We may witness an upward breakout or price breakdown, creating opportunities for speculation.
🔹 Risk Management: Knowing these levels helps you adjust your strategy more accurately.
💡 Smart Trading Strategy
✅ Wait for confirmation → Do not enter the trade before a clear signal appears.
✅ Use price alerts → so you don't miss the crucial moment.
✅ Apply risk management → Use stop loss to avoid surprises.
✅ Watch the trading volume → because its increase may be a signal of a strong breakout.
⚠ Warning: The market is volatile, so be prepared for any scenario!
🔮 What's next for $PEPE ?
📢 Will we see a breakout towards new levels, or will the price decline to test support? 🤔
Share your thoughts in the comments! 👇
🔔 Watch the market carefully, trade smart! 🚀