Professional Analysis Report for $PEPE /USDT

Chart Overview: The chart presents the $PEPE /USDT trading pair on a 15-minute timeframe. The current price is $0.00000998, with a minor increase of +0.40% over the past 24 hours. The 24-hour volume data shows 20.25 trillion PEPE and 198.32 million USDT traded.

24h High: $0.00001009

24h Low: $0.00000940

Current price: $0.00000998

Trend Analysis:

Short-Term Downward Movement: The chart shows a slight pullback, with the price moving from a high of $0.00001009 to its current level of $0.00000998, down -0.20% from its recent peak.

Price Action Zones:

Support Level: Around $0.00000970–$0.00000980.

This level has shown support, as indicated by the price rebounding from the $0.00000970 level previously. If the price tests this zone, it may attract buyers again.

Resistance Level: Between $0.00001000 and $0.00001010.

The price has faced resistance in this area and is struggling to break through the $0.00001000 level convincingly, which may act as a short-term cap on upward momentum.

Short Trade Entry:

Entry Level: Short positions could be considered if the price fails to break above $0.00001000, or if it retests the upper resistance zone of $0.00001000–$0.00001010 and shows signs of weakness (e.g., rejection candles, decreasing volume).

Stop-Loss: Set above $0.00001010 to protect against a breakout to the upside.

Target:

Short-term target near $0.00000970 (support zone).

If further weakness develops, a more extended target could be around $0.00000940 (24h low), where stronger support may exist.

Long Trade Entry:

A long trade can be considered if the price breaks above $0.00001000 and holds above this level with strong confirmation (bullish candle and rising volume).Stop-Loss: Below $0.00000970 to minimize downside risk.Target:Immediate target near $0.00001009 (24h high).If bullish momentum builds, extended targets could be $0.00001020 or higher.#TeslaBTCQ3HoldingsStable #BinanceBlockWeek2024 #ETHBTCNewLow #APTSurpassesSUI #Write2Earn!