📊 $1000PEPE /USDT –
PEPE is showing signs of a potential short-term recovery after hitting a local low of 0.0093682. The price has bounced back to 0.0095294, trimming earlier losses, but still down 5.49% on the day.
🔍 Key Observations:
Support tested near 0.0093682 — held well for now.
MACD is turning slightly bullish with green bars appearing, and a bullish crossover may be forming.
Volume remains significant, showing continued trader interest with 115.71B PEPE traded in the last 24h.
Resistance levels to watch: 0.00968 and 0.00985
If bulls sustain momentum above 0.00953, we could see a push toward 0.01000+ again.
💡 Sentiment: Cautiously optimistic. Momentum is trying to shift, but bulls need stronger volume and follow-through.
📌 Strategy: Watch for confirmation above the 10MA and a MACD crossover before entering new positions. Set stops just below recent support to manage risk.