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COIN- #PEPEUSDT
SIGNAL- SHORT
READ MY POST CAREFULLY, SIGNAL IS DOWN TO MY POST
The chart for PEPE/USDT indicates a bearish sentiment. The MACD is showing negative momentum with the blue line below the red line, signaling potential further declines. The RSI is at 55.11, suggesting neutral to slightly bearish conditions. Additionally, the price is consistently below the EMA ribbon, which is aligned negatively with shorter EMAs beneath the longer ones. The volume is relatively low, confirming weak buying interest. Overall, these indicators suggest the trend is likely to remain bearish.
Based on the chart analysis, the current trend appears to be bearish. The RSI (Relative Strength Index) is at 48.05, indicating a neutral market but leaning towards a potential bearish reversal as it approaches 50. The MACD (Moving Average Convergence Divergence) is showing a slight negative divergence with a MACD line close to the signal line, further supporting a bearish outlook. The price is also trading below the Bollinger Bands middle line, indicating a weak bullish momentum and potential for further downside.
The chart for PEPE/USDT from the liquidation heatmap suggests a bullish sentiment. The price has recently been moving upward, and the liquidations (purple bands) indicate a buildup of positions at various levels. There are more liquidations around the 0.0102 level, which is a support zone. This shows that buyers may have accumulated positions around this price. The price reaching higher levels with fewer liquidation points indicates that the market might continue to move upward, suggesting a bullish outlook.
SIGNAL-
ENTRY- 0.0010
TP-0.00971