🚀 $PEPE Technical Analysis May 31, 2025: PRICE PLUMMETS TO $0.00001137 LEVEL, STRONG BEARISH PRESSURE ⚠️


📊 Market Insight
• Current Price: 0.00001137 USDT
• Moving Averages (MAs) indicate a pronounced bearish trend.
• Volume has spiked significantly, reflecting heavy selling pressure and market panic.
• MACD shows a bearish trend.
• RSI values are deeply oversold.


📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001234 (recent support turned resistance)
0.00001383 (next psychological resistance)
0.00001512
🔽 Support Levels:
0.00001084 (next support level)
0.00001005
0.00000950 (potential deeper support)


💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $0.00001234
☑️ Entry Point: $0.00001250 (enter if price breaks above 0.00001234 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001383
TP2: $0.00001512
🛑 Stop Loss: $0.00001180 (below the current resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 0.00001234, an increase in volume, RSI(6) rising above 30, and a MACD bullish crossover with DIF moving above DEA.


🐻 Bearish Trade Setup: Breakdown below $0.00001084
☑️ Entry Point: $0.00001070 (enter if price breaks below 0.00001084 with bearish momentum confirmation)
🎯 Price Target:
TP1: $0.00001005
TP2: $0.00000950
🛑 Stop Loss (SL): $0.00001120 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 0.00001084, sustained high volume, RSI(6) falling further below 15, and the MACD deepening its bearish trend with DIF dropping further below DEA.


📌 Suggestion to Open Positions Today:
The strong bearish momentum and MACD trend suggest caution for bullish trades. Traders should monitor for a breakout above $0.00001234 for a bullish signal or a breakdown below $0.00001084 for continued downside. Given the oversold conditions and extreme volatility, use very cautious position sizing and tight stop losses to manage risk effectively.


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