🚀 $PEPE Technical Analysis June 02, 2025: PRICE HOLDS AT $0.00001 LEVEL, WEAK SIGNALS AMID LOW MOMENTUM ⚠️
📊 Market Insight
• Current Price: 0.00001160 USDT
• Moving Averages (MAs) show a bearish trend.
• Volume has decreased to 4.98M/2.79M (Layer 1/Layer 2), suggesting reduced trading activity and lack of strong momentum.
• MACD is nearly flat.
• RSI values are in neutral territory.
📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001204 (recent 24h high)
0.00001209 (recent intraday high)
0.00001340 (next significant resistance)
🔽 Support Levels:
0.00001128 (recent 24h low)
0.00001095
0.00001077 (previous significant low)
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $0.00001204
☑️ Entry Point: $0.00001210 (enter if price breaks above 0.00001204 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001209
TP2: $0.00001340
🛑 Stop Loss: $0.00001190 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 0.00001204, an increase in volume, RSI(6) rising above 40, and a MACD bullish crossover with DIF moving further above DEA.
🐻 Bearish Trade Setup: Breakdown below $0.00001128
☑️ Entry Point: $0.00001120 (enter if price breaks below 0.00001128 with bearish momentum confirmation)
🎯 Price Target:
TP1: $0.00001095
TP2: $0.00001077
🛑 Stop Loss (SL): $0.00001150 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 0.00001128, sustained high volume, RSI(6) falling below 30, and the MACD showing a bearish trend with DIF dropping below DEA.
📌 Suggestion to Open Positions Today:
Traders should approach $PEPE with caution with weak momentum and low volume. Wait for a clear breakout above $0.00001204 for a bullish setup or a breakdown below $0.00001128 for a bearish move. Given the flat indicators and reduced activity, use tight stop losses and closely monitor volume and RSI trends for any signs of momentum shift.
#PEPE #dailyearnings #signaladvisor #memecoin🚀🚀🚀