🚀 $PEPE Technical Analysis June 01, 2025: PRICE REBOUNDS TO $0.00001168 LEVEL, SHOWING SIGNS OF RECOVERY 🌱
📊 Market Insight
• Current Price: 0.00001168 USDT
• Moving Averages (MAs) indicate a mixed trend.
• Volume has decreased, significantly lower than the recent high of 4.83T, reflecting reduced trading activity and possibly a pause in selling pressure.
• MACD shows a neutral-to-bullish trend.
• RSI values are in neutral territory.
📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001205
0.00001295 (MA(99) and psychological resistance)
0.00001331 (next significant resistance)
🔽 Support Levels:
0.00001111
0.00001095
0.00001077 (next significant support)
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $0.00001205
☑️ Entry Point: $0.00001210 (enter if price breaks above 0.00001205 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001295
TP2: $0.00001331
🛑 Stop Loss: $0.00001180 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 0.00001205, an increase in volume, RSI(6) rising above 60, and a MACD bullish crossover with DIF moving above DEA
🐻 Bearish Trade Setup: Breakdown below $0.00001111
☑️ Entry Point: $0.00001105 (enter if price breaks below 0.00001111 with bearish momentum confirmation)
🎯 Price Target:
TP1: $0.0000109
TP2: $0.00001077
🛑 Stop Loss (SL): $0.00001130 (_above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 0.00001111, sustained high volume, RSI(6) falling below 40, and the MACD showing a bearish trend with DIF dropping further below DEA.
📌 Suggestion to Open Positions Today:
The longer-term MA(99) remains a key resistance to watch, and the reduced volume indicates cautious market sentiment. Traders should monitor for a breakout above $0.00001205 for a bullish setup or a breakdown below $0.00001111 for a bearish move. Use tight stop losses and monitor volume trends closely to confirm momentum.
#PEPE #dailyearnings #signaladvisor #memecoin🚀🚀🚀