๐ฅPepe's technical analysis indicates a mixed signal. Here's a breakdown ๐ค๐ค
๐ฃ*Current Price*: $0.00001019 USDT, with a 0.56% decrease in the last 24 hours
- ๐ฃ*Trend*: The token has shown a strong recovery after a prolonged corrective phase, resuming its uptrend and breaking through key resistance levels
- ๐ฃ*Resistance Levels*
- Immediate resistance: $0.00002541 (1 Fib)
- Key resistance: $0.00002708 (1.272 Fib)
- Extended target: $0.00003325 (2.272 Fib)
- ๐ฃ*Support Levels*
- Immediate support: $0.00002232 (0.5 Fib)
- Stronger support: $0.00002069 (0.236 Fib)
- Critical support: $0.00001728 (Wave 4 Low)
-๐ฃ *Indicators*
-๐ฃ RSI: Cooling from overbought levels, indicating potential for renewed upside
- ๐ฃMoving Averages: Strong sell signal on short-term charts, but golden cross on higher timeframes suggests long-term bullish potential
- ๐ฃ*Predictions*
- ๐ฃAnalysts expect a 20-25% upside in the short term, potentially reaching $0.000015-$0.000016
-๐ฃ Breach below $0.00000956 could threaten bullish momentum
Overall, Pepe's technical analysis suggests a potential for further upside, but Guys you should be cautious of the volatility and monitor key support and resistance levels.