Average analysis for the PEPE/USDT pair based on the image:#
🔸 Current price: 0.00001244 USDT
🔸 Daily change: +2.22% up
🔸 Highest price in 24 hours: 0.00001290
🔸 Lowest price in 24 hours: 0.00001166
🔍 Technical analysis:
Moving averages:
MA(9) = 0.00001220 → Price is above MA(9) = Short-term bullish signal.
MA(55) = 0.00001152 → Price is above MA(55) = Medium-term support.
MA(200) = 0.00001040 → General upward trend as long as the price is above this level.
Candles:
The appearance of a bullish candle after a series of declines, indicating an attempt at a bullish rebound.
Nearest resistance: 0.00001290 (24-hour peak).
Nearest support: 0.00001210
✅ Summary:
The general trend is upward in the medium term with positive signals from the moving averages. The price is in a resistance testing phase, and if it breaks through 0.00001290, it may target 0.00001330 again. However, if it fails, the nearest support is 0.00001210.
Recommendation: Cautious monitoring of resistance, and buying on a rebound from support or breaking resistance with strong trading volume.