🚨IMPORTANT 🚨
Here is update on $PEPE
Price: 0.00000901 (+7.01%)
Trend: Bullish (short-, medium-, and long-term)
MA and RSI:
MA(7): 0.00000893 | MA(21): 0.00000819 | MA(50): 0.00000763 | MA(100): 0.00000724 | MA(200): 0.00000735 → Price is above all MAs (bullish trend)
RSI(6): 67.90 (near overbought) | RSI(14): 71.32 (overbought, risk of correction)
MACD: Line: 0.00000008 | Positive histogram (momentum weakening)
Volume: 343.79B (declining on recent candles)
Support and Resistance Levels
Support: 0.00000848 | 0.00000797 | 0.00000745
Resistance: 0.00000939 | 0.00001000 | 0.00001149
Entry and Exit Points
Entry:
Aggressive: 0.00000848 (after confirming support)
Conservative: 0.00000797 (after correction, around MA21)
Take Profit:
TP1: 0.00000939
TP2: 0.00001000
TP3: 0.00001149 (long-term)
Stop Loss:
Aggressive: 0.00000830
Conservative: 0.00000780
Risk:Reward:
Entry at 0.00000848 | TP at 0.00000939 | SL at 0.00000780 → 1.3:1
Entry at 0.00000797 | TP at 0.00001000 | SL at 0.00000780 → 11.5:1
Risks
RSI(14) > 70 → Risk of correction
Declining volume → Weakening momentum
MACD lines converging → Possible reversal
Strategy
Short-term: Wait for correction to 0.00000848/0.00000797 → Long → TP at 0.00000939 | SL at 0.00000780
Mid-term: After breakout above 0.00000939 → Long → TP at 0.00001000 | SL at 0.00000848
Long-term: After breakout above 0.00001000 → Target 0.00001149 (gradual profit taking)
Follow for more analysis!
