Here's an overview of the $PEPE
/USDT trading pair:
---
Market Overview
Current Price: $0.00000901 (down 7.30% in the last 24 hours)
24h High: $0.00000982
24h Low: $0.00000843
---
Volume and Activity
24h Volume (PEPE): 27.16T PEPE
24h Volume (USDT): 246.45M USDT
Current Trading Volume: 175.68B PEPE
Key Moving Averages (MA)
MA(7): $0.00000903 (recent price direction, closely follows the current price)
MA(25): $0.00000920 (indicates potential short-term resistance if price moves up)
MA(99): $0.00000972 (long-term support/resistance point)
---
Support and Resistance Levels
Support Levels:
$0.00000843 (24h low and key support level)
Resistance Levels:
$0.00000982 (24h high)
$0.00001007 and $0.00001019 (further depth resistances)
---
Indicators and Trend Analysis
Volume: High trading volume indicates strong market interest in PEPE, although the price has been under pressure.
Moving Average Alignment: The price is below MA(25) and MA(99), suggesting a short-term bearish trend unless a breakout occurs above these levels.
---
Summary
PEPE/USDT shows significant trading activity with a downward pressure below important MAs. To maintain stability, PEPE needs to hold support at $0.00000843. Breaking above $0.00000920 could hint at a potential recovery towards $0.00000972 and higher.
#BTCETFDemandSurge #CryptoPreUSElection #BTC67KRebound #TetherUnderInvestigation #USJoblessClaimsDip
