PEPE Coin Technical Analysis – Key Levels and Potential Scenarios

The PEPE coin is currently trading in a critical zone. Key support and resistance levels have been identified for short-term and medium-term traders.
Key resistance and support levels
0.000010670: This level, recently retested by PEPE, is a critical resistance. If the price breaks and holds above this level, the next target will be 0.000010871. In this scenario, long positions can be considered.
If the level of 0.000010670 is breached, selling pressure may increase, leading to a decrease in PEPE to approximately 0.000010600. This level should be closely monitored as short-term support.
Further losses of support may lead to 0.000010533 and 0.000010444. These levels may indicate a broader correction.
If these zones are also lost, the price may drop to 0.000010000, signaling a significant retracement. This is important for risk management, and positions should be adjusted accordingly.
Technical Indicators
RSI (14): Currently around 57, indicating that the upward momentum is still present, but not in the oversold zone. A move above 70 could trigger a short-term correction.
MACD (12,26,9): The MACD line is above the signal line, and the histogram is positive, indicating that the short-term bullish trend may continue. However, caution is advised if the momentum slows down.
Bollinger Bands (20,2): The price is moving towards the upper band, indicating increased volatility and potential resistance. A breakout above the band will signal a strong trend.
Moving averages: the 50-day MA is above the 200-day MA, supporting an upward trend. This classic "golden cross" formation is a positive signal for long-term investors.
Proposed strategy
Long positions: can be opened if the price holds above 0.000010670. Target: 0.000010871. Stop-loss: below 0.000010670.
Short positions: consider whether it will break 0.000010670 and whether support at 0.000010600 will hold. Targets: 0.000010533 and 0.000010444. For deeper corrections, watch the level at 0.000010000.
The PEPE coin has high volatility, so risk management is crucial. Adjust your positions according to these critical levels.
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