PEPE Coin: Strong Surge, But With Caution! Updated Analysis
Current Price: ~US$ 0.0000124
Daily Volume: around US$ 950 million – high liquidity, volatility intact
🔍 Technical Indicators and Key Levels
Main Supports:
S1: US$ 0.00001189 – average level (CoinCodex)
S2: US$ 0.00000929 – medium-term support, drop below alerts
Focus Resistances:
R1: US$ 0.00001255 – recent peak
R2: US$ 0.00001321 – next target, breakout with greater force
Broken Chart Pattern:
Descending channel was broken, signal of buyer strength
RSI above 60 → positive bias
⚠️ Reason for Recent Attention
⭐ Explosive Movement: PEPE broke the “mark 1300” (multiplication factor) bringing optimistic sentiment
💱 High correlation with memecoins, importance of observing Doge/Shiba-Inu together
🎯 Entry Points and Strategy
Aggressive Entry: near S1 (~US$ 0.0000119), with stop below S2 (~US$ 0.0000093)
Prudent Entry: after confirmation of breakout above R1 (~US$ 0.0000126) with higher volume
Partial Take-Profit:
R1 → 12–15% gain
R2 → 30–35% gain
⚖️ Reasons to Invest Cautiously
✔️ Extremely high liquidity, ideal for trading
✔️ Positive technical moment: breakout and buying pressure
❌ Speculative nature: no real utility, totally community-dependent
❌ Extremely high volatility typical of memecoins
