📊 PEPE/USDT Analysis – Support & Resistance Levels 📊
PEPE is currently trading at 0.00001177 USDT, showing a healthy +3.61% gain. Let's break down the key support and resistance levels based on the 1D chart:
🔹 Support Zones:
0.00000960: Strong base support near the MA(99), indicating historical demand.
0.00000822: Previous bottom wick — buyers stepped in heavily here.
🔹 Resistance Levels:
0.00001275: MA(25), acting as immediate resistance — a key level to watch for a breakout.
0.00001316: Recent price rejection zone.
0.00001632 – 0.00001673: Strong resistance area; this region saw major sell-offs in the past.
📈 Technical Outlook:
The price has bounced from a local bottom and is trying to reclaim MA(25).
A break above 0.00001275 could fuel a rally towards 0.000016 and beyond.
MACD is showing signs of a bullish crossover — momentum might be shifting!
📍Conclusion: If PEPE holds above 0.00001150, we could see a test of the upper resistance zones. Keep an eye on volume confirmation and MACD momentum. This chart shows potential for a bullish breakout, but always manage your risk. 🚀$PEPE