$PEPE Trading strategy on the 1-hour timeframe based on current technical indicators and price action:
1. PEPE / USDT Market Overview:
• Current Market Price: $0.00000853
• Trend: Bearish (price below EMA 21/50, downward momentum)
2. PEPE / USDT Technical analysts:
• Supports: $0.00000832 (recent wick low), $0.00000792 (EMA 200)
• Resistance: $0.00000874 (EMA 21), $0.00000897 (prior consolidation zone)
• MACD: Bearish with weak histogram
• RSI: Weak at 36 (bearish momentum)
• Stoch RSI: Oversold at 26, possible short-term bounce
3. $PEPE / USDT Spot Trading Setup:
• Buying Zone: $0.00000820 – $0.00000835 (near support zone)
• TP1: $0.00000874 (EMA 21 retest)
• TP2: $0.00000897 (previous local range top)
• TP3: $0.00000930 (recent high)
• SL: Below $0.00000810 (if breaks key support at $0.00000832)
————PEPE / USDT SPOT Trading Best Course of Action:
Wait – Momentum is weak; wait for confirmation bounce from support before buying.
4. $PEPE / USDT Futures Trading Setup(known as 1000pepeusdt in future trading):
• Long:
Entry $0.00000825–$0.00000835 |
TP1: $0.00000874 |
TP2: $0.00000897 |
TP3: $0.00000930 |
SL: $0.00000810
• Short:
Entry $0.00000870–$0.00000885 |
TP1: $0.00000832 |
TP2: $0.00000810 |
TP3: $0.00000792 |
SL: Above $0.00000897
————PEPE / USDT FUTURE Trading Best Course of Action:
Bearish – Trend and momentum suggest shorting on bounces is preferable.
[Note: “This post does not constitute financial advice. Please evaluate all risks and make investment decisions based on your own informed judgment.”]