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$PEPE PEPE 0.00001726 -2.04% Price and Movement: Current price: 0.00001726 (down by 2.21% in 24 hours). The price is below the short-term moving averages (MA 7, MA 25), which indicates bearish momentum. Volume Analysis: The 24-hour trading volume in PEPE is 17.90T, with the USDT volume at 310.35M. The declining green candles in recent trading sessions suggest decreasing buying pressure. Technical Indicators: Moving Averages: MA(7): 0.00001904 MA(25): 0.00001893 MA(99): 0.00001627 The price crossing below the MA(99) could signal a reversal zone or further downside risks. The trend is bearish since the price is forming lower highs and lower lows. Historical Performance: Short-term trends (7/30 days) are bearish, showing declines of -15.10% and -22.15%, respectively. Long-term trends (90/180 days) remain bullish, with gains of 73.82% and 113.88%. Support and Resistance: Nearest support: 0.00001663 (24h low). Resistance: 0.00001788 (24h high), followed by 0.00001904 (MA7). Trade Opportunities: For Buyers: If PEPE breaks above the MA(7) and MA(25) with high volume, it could signal the beginning of a short-term uptrend. Target price: 0.00001800–0.00001900. For Sellers: If the price fails to hold above 0.00001663 (24h low), it may test the next lower support around 0.00001576. Consider shorting if the bearish trend continues. Neutral/Sideways Trading: If the price consolidates between 0.00001663 and 0.00001788, range-bound trading could be an opportunity. #PEPE #CryptoNewss #Write2Earn
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2025-01-10
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