The $PEPE /USDT pair has shown impressive bullish momentum in recent times, breaking above the key resistance level of 0.000012. This positive trend suggests that the upward momentum is likely to continue, with the potential for further price appreciation.
Support and Resistance Levels
Strong Support: 0.000008 - 0.000009
Weak Support: 0.000010 - 0.000011
Weak Resistance: 0.000013 - 0.000014
Strong Resistance: 0.000015
Entry Signal
A potential long entry signal could be a pullback to the 0.000010 - 0.000011 support area. If the price finds support in this range, it could be a good opportunity to initiate a long position, with a stop-loss placed below the recent low.
Additional Considerations
Momentum Indicators: Both RSI and MACD are in bullish territory, indicating strong upward momentum.
Volume: High trading volume accompanying the price increase suggests significant market interest in PEPE.
Market Sentiment: Positive market sentiment towards PEPE could further fuel the uptrend.#DollarIndexHighestSinceJuly #BTCBreaks88k #HaveYouBinanced #AltCoinRush