📈1000PEPE/USDT Technical Analysis 📉
🔹 Current Price: $0.0064612
🔹 1H Timeframe Analysis
🔹 99 MA Level: $0.0065254 (Near Resistance)
🔹 RSI (14): 66.24 (Approaching Overbought)
1000PEPE is showing strong bullish momentum, trading above key support levels and forming an ascending trendline. The price is testing resistance around $0.0072, a critical level for further upside.
📊 Key Observations:
✅ Price is above the 99 MA, indicating bullish momentum.
✅ RSI is nearing overbought territory, suggesting potential profit-taking or pullback.
✅ A breakout above $0.0072 could push the price toward $0.0075–$0.0080.
✅ Failure to hold above $0.0065 could lead to a retest of lower support at $0.0058.
💡 Trading Strategy:
🚀 Bullish Case: If 1000PEPE breaks and holds above $0.0072, a long position targeting $0.0075–$0.0080 could be favorable.
⚠️ Bearish Case: A drop below $0.0065 may trigger a correction toward $0.0058–$0.0055.
📍 Key Levels to Watch:
📌 Resistance: $0.0072 | $0.0075 | $0.0080
📌 Support: $0.0065 | $0.0058 | $0.0055
🔎 What’s Next? Watch for a decisive move at resistance or a potential retracement to confirm entry points! 📉📈