#CreatorPad 📈 Analysis of PEPE/USDT Trading Today on Binance
#PEPE #Currency_Trading
The $PEPE coin has witnessed significant volatility today between levels 0.00001027 and 0.00001048 over a short period, with clear selling pressure at the resistance of 0.00001048, which it has not been able to break through as of the time of writing this analysis. The attached image accurately shows the price movement on a 5-minute interval.
Technical analysis shows that:
The current price is close to the short-term moving average (MA 7 = 0.00001041), indicating a temporary balance between buyers and sellers.
The 25-period average (0.00001038) acts as good support in the short term.
If the support at 0.00001038 is broken, we may return to test 0.00001031.
However, if we hold above 0.00001042, we may see an attempt to break 0.00001048 again.
✨ Strategy: Gradual entry with a stop loss order below 0.00001027, and a target at 0.00001050 initially.