Here is an updated technical analysis for the currency #PEPE
as of June 3, 2025, based on current technical indicators:
📈 General Trend
Technical indicators suggest that the currency
#PEPE is experiencing a state of volatility, with a slight tendency towards a downward trend.
🔍 Key Technical Indicators
Relative Strength Index (RSI): Currently at around 39.57, indicating weakness in buying momentum.
MACD Indicator: Shows a bullish crossover, reinforcing the possibility of a continued upward trend.
Moving Averages: Indicate buy and sell signals, as most short-term and long-term averages support this trend.
📊 Support and Resistance Levels
Support: Approximately $0.00002262
Resistance: Approximately $0.00001129
⚠️ Additional Notes
Some analyses indicate that PEPE may have difficulty surpassing the resistance level at $0.00001129, which could lead to testing lower support levels.
Note: Some technical indicators show buy signals.
Alert: Some technical indicators show buy signals, but they are a minority compared to market signals.
Traders are advised to exercise caution and closely monitor market developments due to the high volatility in cryptocurrencies.
Do not forget about the major currencies; they are the main drivers for other currencies.
Wishing everyone good luck CHIKAMARO