🚀 $PEPE Technical Analysis June 10, 2025: PRICE STANDS AT $0.00001251 WITH STRONG BULLISH MOMENTUM 🔥
📊 Market Insight
• Current Price: 0.00001251 USDT
• Moving Averages (MAs) indicate a bullish trend.
• Volume has surged, reflecting significant market activity and interest.
• MACD shows a bullish signal.
• RSI values are in neutral to slightly overbought territory.
📊 Important Levels to Watch
🔼 Resistance Levels:
0.00001293
0.00001302 (next psychological resistance)
0.00001330
🔽 Support Levels:
0.00001229
0.00001181 (next significant support)
0.00001139
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $0.00001293
☑️ Entry Point: $0.00001300 (enter if price breaks above 0.00001293 with bullish momentum confirmation)
🎯 Price Target:
TP1: $0.00001302
TP2: $0.00001330
🛑 Stop Loss: $0.00001290 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 0.00001293, sustained high volume, RSI(6) rising above 70, and a MACD bullish crossover with DIF continuing to rise above DEA.
🐻 Bearish Trade Setup: Breakdown below $0.00001229
☑️ Entry Point: $0.00001220 (enter if price breaks below 0.00001229 with bearish momentum confirmation)
🎯 Price Target
TP1: $0.00001181
TP2: $0.00001139
🛑 Stop Loss (SL): $0.00001240 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 0.00001229, a decline in volume, RSI(6) falling below 30 (into oversold territory), and the MACD showing a bearish trend with DIF dropping below DEA.
📌 Suggestion to Open Positions Today:
Traders should consider a bullish setup if the price breaks above $0.00001293 with confirmation from volume and indicators. However, the RSI nearing overbought levels calls for caution to avoid a potential pullback. For bearish traders, a drop below $0.00001229 could signal a reversal, but current trends are predominantly bullish. Use tight stop losses given the market's volatility.
