Predicting the next move of PEPE/USDT requires analyzing the current price action, technical indicators, and market sentiment. #PEPE
Technical Analysis
1. Current Price: $0.00000653 (down -4.81%).
2. Moving Averages:
MA(7): 0.00000652 (short-term)
MA(25): 0.00000658 (mid-term)
MA(99): 0.00000670 (long-term)
Price is currently below the MA(25) and MA(99), indicating a bearish trend.
3. Support & Resistance:
Support: $0.00000643 (recent low)
Resistance: $0.00000674 (recent high)
If the price holds above $0.00000650, a potential recovery is possible.
4. Volume: 24h volume is 73.72M USDT, suggesting active trading but no strong breakout signals.
5. Market Sentiment:
55.45% buy orders vs. 44.55% sell orders → slight bullish sentiment.
However, the negative percentage changes in 7-day (-13.28%), 30-day (-29.78%), and 90-day (-75.29%) show an overall downward trend.
Possible Scenarios
Bullish Case: If PEPE breaks above $0.00000658 (MA25) and sustains above $0.00000670 (MA99), a move towards $0.00000680-$0.00000700 is possible.
Bearish Case: If it falls below $0.00000643, a drop to $0.00000640 or lower could happen.
Conclusion
Short-term: Sideways with slight bullish potential.
Medium-term: Needs strong breakout above MA(25) and MA(99).
Watch volume and Bitcoin’s movement, as PEPE tends to follow overall market sentiment.
