$PEPE 🐸💰 $PEPE/USDT - Pullback on 99 EMA Support - Watching for Bounce
🔍 Current Observation:
Pullback from $0.00000981$ high.
Trading below 7 and 25 EMAs.
Currently on 99 EMA (potential support).
Low RSI (potential bounce).
🤔 Potential Scenarios:
Bounce and Reversal (support at 99 EMA holds).
Further Downside (99 EMA breaks).
🔭 Key Levels to Watch:
Resistance: $0.00000880$ (7 EMA), $0.00000883$ (25 EMA), $0.00000981$.
Support: $0.00000880$ (99 EMA), $0.00000750$.
📊 Technical Indicators:
EMAs: 7 & 25 short-term resistance, 99 EMA immediate support.
RSI: Low (potential bounce).
⏳ Potential Trade Plan (Wait for Confirmation):
Conservative Long: Break above 7 & 25 EMAs with volume.
Short Entry: Break below 99 EMA with volume.
💭 Final Thoughts:
$PEPE$ pulling back to 99 EMA support. Watch for a bounce or a breakdown for trading opportunities. 🐸💰