$PEPE
🧠 Technical Analysis:🔥 "PEPE on the brink of explosion: Will it bounce from support or collapse?!"
🔹 Current Price: 0.00001230 USDT
Decrease of 3.45% in the last 24 hours.
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🔹 Recent Price Range:
Highest Price (24h): 0.00001345
Lowest Price (24h): 0.00001220
🔹 Price Channel:
The price is currently trading at the lower limit of the drawn upward channel on the chart.
Nearby Horizontal Support: 0.00001197 (as indicated by "the limit").
Nearby Resistance: 0.00001282 – 0.00001327
🔹 Candles and Indicators:
Price behavior shows weakness in momentum after breaking local support.
Indicators show:
RSI is leaning downwards (indicating weakness).
MACD is negative, suggesting continued short-term decline.
Buy/Sell Ratio: Buy 52.18% vs Sell 47.82% → Slight tilt in favor of buyers.
✅ Suggested Entry Points:
📍 Safe Entry (Speculative – Short-term):
Potential Entry Area 1:
0.00001197 – 0.00001200 (Strong horizontal support + consolidation at the lower channel).
▶ Stop Loss below 0.00001146 (Clear break of the channel and support).
Potential Entry Area 2 (Cautious Speculation):
0.00001220 – 0.00001225
Provided a bullish reversal candle (bullish engulfing or pin bar) appears.
🎯 Targets:
First Target: 0.00001282
Second Target: 0.00001327
Third Target: 0.00001362 (upon a clear break of resistance)
⚠️ Technical Warning:
Breaking support at 0.00001197 could lead to a drop towards 0.00001146 or lower.
Confirmation of upward movement requires closing above 0.00001282 with strong trading volume.
