#PEPE创历史新高 #pepepumping In this article, we provide a technical analysis of the PEPE/USDT trading pair on the Binance platform, focusing on using Fibonacci levels and pivot points to identify potential trading opportunities. Based on recent charts, PEPE is showing a strong uptrend with increasing trading volume, reflecting growing interest from traders.
Market Overview
Current price: Approximately 0.00001560-0.00001561 USDT.
24-hour change: +7.14% to +7.81%.
Volume: Significantly rising, supporting the upward momentum.
Technical Analysis
Main Indicators
Moving Averages: The price is above MA(7) and MA(25), indicating a short- and medium-term uptrend.
Bollinger Bands: The price is approaching the upper band (0.00001637-0.00001715), reinforcing the notion of strong momentum.
Fibonacci Levels$
Using the low (0.00001414) and high (0.00001632):
Retracement Levels:
38.2%: 0.00001543
50%: 0.00001523
Extension Levels:$PEPE
161.8%: 0.00001768
The current price is close to 38.2%, making it a potential support area, with an upside target at 0.00001768. Pivot Points
Pivot Point (P): 0.00001535
Resistance (R1): 0.00001656
Support (S1): 0.00001438
The price is above the pivot point, supporting the uptrend, with nearby resistance at R1
Trading Strategy
Entry:$PEPE
Buy on a correction to 0.00001543 (38.2%) or 0.00001523 (50%).
Buy on a breakout of 0.00001656 (R1) with strong volume.
Exit:
Take profit at 0.00001768 (161.8%) or 0.00001753 (R2).
Stop loss below 0.00001438 (S1).
Risk Management:$PEPE
Do not risk more than 1-2% of your capital.
Conclusion
PEPE shows promising trading opportunities with an uptrend supported by strong volume. Using Fibonacci and pivot points, traders can accurately determine entry and exit points. Follow updates on Binance Square for more analysis!