$PEPE – Daily Technical Analysis
Current price: 0.00001566
24h Variation: +13.15%
24h Volume: 42.81T PEPE
1. General trend: Strong BULLISH
PEPE has been respecting a clean structure of higher lows and highs. The breakout above 0.00001218 (EMA25) and the current push above 0.00001550 validate the momentum.
2. Key resistances:
0.00001632: Immediate ceiling. Marked intraday rejection.
0.00001686: Higher technical level. If it breaks with volume, possible expansion to 0.000019.
0.00002190 – 0.00002274: Critical profit-taking zone.
3. Supports to watch:
0.00001426 (EMA7): First dynamic support.
0.00001218 (EMA25): Vital trend line. If it loses this, be cautious.
0.00000985 – 0.00000751: Re-entry to the previous consolidation zone.
4. Technical indicators:
RSI (77): Overbought, but still strong.
MACD: Confirmed bullish crossover.
KDJ (J: 91): Indicates strong buying pressure.
Volume: Supports the movement. Healthy momentum.
Operational conclusion:
The asset is on a strong rally but entering a short-term exhaustion zone.
Possible scenarios:
If it breaks and consolidates above 0.00001632, it could quickly seek 0.000019.
If it can't break that resistance, a probable pullback to EMA7 or even to EMA25, where it could be a new buying zone.
And you, what do you think will happen?
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