🚀 $PEPE Technical Analysis June 13, 2025: PRICE STANDS AT $0.00001059 WITH STRONG BEARISH MOMENTUM ⚠️
📊 Market Insight • Current Price: 0.00001059 USDT • Moving Averages (MAs) indicate a bearish trend. • Volume has surged to 1,142.335T over the past period, reflecting heightened market activity amid the sharp decline. • MACD shows a bearish signal. • RSI values are in oversold territory.
📊 Important Levels to Watch 🔼 Resistance Levels: 0.00001139 0.00001220 0.00001250 🔽 Support Levels: 0.00001044 (current price level acting as immediate support) 0.00001026 0.00001000
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $0.00001139 ☑️ Entry Point: $0.00001150 (enter if price breaks above 0.00001139 with bullish momentum confirmation) 🎯 Price Target: TP1: $0.00001220 TP2: $0.0000125 🛑 Stop Loss: $0.00001130 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 0.00001139, a surge in volume, RSI(6) rising above 30, and a MACD bullish crossover with DIF continuing to rise above DEA.
🐻 Bearish Trade Setup: Breakdown below $0.00001044 ☑️ Entry Point: $0.00001030 (enter if price breaks below 0.00001044 with bearish momentum confirmation) 🎯 Price Target TP1: $0.00001026 TP2: $0.00001000 🛑 Stop Loss (SL): $0.00001060 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 0.00001044, a decline in volume, RSI(6) remaining below 30 (oversold territory), and the MACD showing a bearish trend with DIF dropping below DEA.
📌 Suggestion to Open Positions Today: A bullish setup could be considered if the price breaks above $0.00001139 with strong confirmation from volume and indicators, suggesting a potential reversal. For bearish traders, a breakdown below $0.00001044 could offer a short-term entry, though the oversold RSI suggests caution for further downside. Tight stop losses are highly recommended due to significant volatility typical of meme coins.