Technical and technical analysis
For the currency $PEPE
💰 1. Current price and performance
- Current price:
- $0.00001262 (Increase +9.9% in 24 hours) .
- Daily range: Between $0.00001146 (Strong support) and $0.00001280 (Immediate resistance) .
- Time performance:
- Weekly: Decrease -8.81% (Correction after recent peak).
- Monthly: Increase +54.40% (Strong upward trend) .
- Yearly: Decrease -13.81%, but the recent rise reflects a noticeable recovery .
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📊 2. Key technical indicators
- Overall rating:
- "Buy" signal (12 buy indicators vs. 6 sell indicators) .
- Oscillators: Neutral (RSI close to 50, balanced momentum) .
- Moving averages: Positive in the short term (price above EMA 20, 50, 100) .
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📈 3. Support and resistance levels
- Critical support:
- $0.00001173 (Close to today's low price).
- $0.00001110 (Strong support on the weekly timeframe) .
- Key resistance:
- $0.00001269 (Immediate resistance).
- $0.00001303 (Breaking it strengthens the upward trend) .
- Pivot points:
- Pivot (P): $0.00001206, with resistance R1 at $0.00001269 .
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⚠️ Main risks
1. High volatility:
- Daily price volatility 5.05% (Above market average) .
- Any negative news may cause a sharp drop (such as regulatory statements).
2. Dependence on market sentiment:
- 54.4% monthly rise may be exaggerated (potential correction) .
3. Competition of meme coins:
- PEPE's performance is correlated with Dogecoin and Shiba Inu (shared volatility) .
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📌 Strategic recommendations for today
- Daily traders:
- Buy on breaking $0.00001269 (R1) with a target of $0.00001303 (R2).
- Stop loss: Below $0.00001173 (S1) .
- Average investors:
- Waiting to test support at $0.00001110 before entering (Reduce risks).
- Warning:
> "Conditions are changing rapidly, use technical analysis with real-time market news. Avoid trading with leverage during sharp volatility" .
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Here is the summary:
PEPE today shows short-term buy signals supported by high trading volume and upward momentum, but risks remain high due to market fluctuations. Recommendation:
- Speculation: Good opportunities for short buy trades.
- Investment: Wait for a correction towards $0.00001110 for a safer entry.