MA(99) = $4,096 (Purple) → Long-term → Still holding as support
👉 Price is below MA(7) & MA(25) = Short-term downtrend 👉 But still above MA(99) = Long-term trend is safe (not fully bearish yet).
🔴 Candlestick Pattern
Recent candles are big red bearish with strong momentum.
Price fell sharply from $4,788 → $4,230, then bounced slightly.
This shows strong profit-taking / selling pressure.
⚡ Support & Resistance
Support Levels: 🟢 $4,230 → Immediate support (today’s low) 🟢 $4,100 – $4,000 → Strong support zone near MA(99) 🟢 $3,757 → Major downside risk if $4,000 fails
MA(99) = $4,096 (Purple) → Long-term → Still holding as support
👉 Price is below MA(7) & MA(25) = Short-term downtrend 👉 But still above MA(99) = Long-term trend is safe (not fully bearish yet).
🔴 Candlestick Pattern
Recent candles are big red bearish with strong momentum.
Price fell sharply from $4,788 → $4,230, then bounced slightly.
This shows strong profit-taking / selling pressure.
⚡ Support & Resistance
Support Levels: 🟢 $4,230 → Immediate support (today’s low) 🟢 $4,100 – $4,000 → Strong support zone near MA(99) 🟢 $3,757 → Major downside risk if $4,000 fails
1. Current Price: 0.00001112 ✅ Slightly up (+1.92%) today.
2. 24h Range:
High: 0.00001116
Low: 0.00001078 → Price is closer to the upper side of the range, showing recovery.
3. Moving Averages (MA):
MA(7): 0.00001097 → Price is trading above short-term MA, a bullish signal.
MA(25): 0.00001142 → Current price is still below MA(25), meaning mid-term trend is weak.
MA(99): 0.00001114 → Price is almost touching MA(99). If it breaks above and holds, that’s a bullish confirmation.
4. Recent Price Action:
Price dropped sharply from 0.00001269 to 0.00001052 (strong sell-off).
Now forming a small bullish recovery (higher lows visible).
A possible mini uptrend if it breaks above 0.00001140 – 0.00001150 resistance zone.
5. Volume:
Declining volume after the big spike (August 13–15).
Low volume rallies can be weak, so we need to see an increase in buy volume for strong momentum.
📈 Key Levels:
Immediate Support: 0.00001080 – 0.00001090
Immediate Resistance: 0.00001140 – 0.00001150
Major Resistance: 0.00001230 – 0.00001270
If resistance breaks: Next target 0.00001320+
✅ Technical Outlook:
Short-Term (Bullish Bias): Price is above MA(7) and retesting MA(99). If it closes a few 4H candles above 0.00001140, expect upside momentum.
Medium-Term (Neutral to Bearish): Still under MA(25), so a breakout is needed for confirmation.
Risk: If it fails to break 0.00001140–0.00001150, it may retest 0.00001080 support.
📊 Trading Strategy (Not financial advice):
Aggressive Buy Entry: Around 0.00001100–0.00001110, with stop-loss below 0.00001070.
Conservative Buy Entry: Only after breakout and 4H close above 0.00001150.
Targets:
TP1: 0.00001180
TP2: 0.00001230
TP3: 0.00001270+
⚠️ Summary: PEPE is in recovery mode, but resistance at 0.00001140–0.00001150 is key. If bulls break it, expect a good rally. If not, it may go sideways or dip back to 0.00001080 #MarketTurbulence #HotJulyPPI #DeFiGetsGraded $PEPE
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📊 Volume Note: 🔻 Volume low — wait for confirmation! 🟢 Need green candle + volume surge for strong breakout
📌 Strategy TL;DR: ☑️ Wait for dip near 0.00642 = optimal risk:reward 🚫 Avoid chasing green candles without volume 🧠 Smart traders buy at support, not hype!
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