$PEPE #PEPE
* PEPE/USDT 1H Chart
1. MARKET OVERVIEW
Current price: 0.00001544 USDT
Nearest resistance: 0.00001632 (24h high)
Nearest support: 0.00001482 (MA25)
Short-term trend: Up, but showing signs of profit-taking and slight correction.
2. TECHNICAL ANALYSIS
RSI Indicator (6):
51.85, decreasing from the 70 zone => signals weakening buying power, may correct further.
MACD:
Still positive, but starting to converge => warning of slowing momentum, risk of correction.
MA Lines:
MA7 (0.00001575) > MA25 (0.00001482) > MA99 (0.00001366)
=> trend remains upward, but may retest short-term support.
Volume:
Gradually decreasing after a strong pump => buying pressure is no longer as strong as before.
3. SUGGESTED STRATEGY
A. LONG TRADE:
Entry: 0.00001485 - 0.00001500 (wait for price to test MA25)
TP1: 0.00001585
TP2: 0.00001630 (previous high)
SL: 0.00001445 (below MA25 support zone)
B. SHORT (when breaking MA25 strongly):
Entry: 0.00001475 (breaks MA25 support with strong volume)
TP1: 0.00001420
TP2: 0.00001370 (approaching MA99)
SL: 0.00001530
C. TRADE IMMEDIATELY – MEDIUM TERM:
Gradually buy at: 0.00001480 - 0.00001500
Medium-term take profit: 0.00001650 - 0.00001700
Stop loss: Below 0.00001420
4. CONCLUSION
Main scenario: Price may short-term correct towards MA25 then rise again.
Warning: If price breaks MA25 with high volume, should switch strategy to Short.