📈 $PEPE /USDT Technical Analysis Update - Short-Term Trading Outlook 📉

PEPE is currently trading at $0.00001037, down by -1.43% over the last 24 hours. Below is the analysis for short-term traders looking at potential price movements:

🔍 Market Overview:

24h High: $0.00001057

24h Low: $0.00001010

24h Volume: 13.65 trillion PEPE / 141.46M USDT

🔑 Technical Indicators:

MA (Moving Average): Strong support near $0.00000955, indicating a possible rebound.

EMA (Exponential Moving Average): The current price is just below the EMA, suggesting short-term bearish pressure.

RSI (Relative Strength Index): RSI is in oversold territory, indicating potential for a reversal.

MACD (Moving Average Convergence Divergence): Showing a bearish crossover, signaling continued downward momentum in the short term.

Bollinger Bands: Price is hovering near the lower band, suggesting increased volatility and the possibility of a bounce.

📊 Trading Strategy: Short-term traders can consider these price targets:

🎯 Target 1: $0.00001057 (Immediate Resistance) 🎯 Target 2: $0.00001042 (Recovery Zone) 🎯 Target 3: $0.00000955 (Key Support Level)

⚠️ Risk Management: Keep an eye on the $0.00001010 support level. A break below could indicate further downside movement.

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