$PEPE Always look for confirmation before buying. On this chart, PEPE is trading near 0.00000406, close to its recent support around 0.00000395โ0.00000400.
๐ Indicators Explained Simply:
RSI (30): Near oversold โ selling pressure is high, a bounce can happen
MACD: Flat โ momentum is weak, no strong buy signal yet
EMA50 & EMA200: Price is still below them โ trend is still bearish
โ Do NOT buy immediately โ Wait for RSI to move above 40โ50 โ Wait for MACD to turn green โ Best buy comes when price breaks above EMA50
Key Levels: Support: 0.00000395 Buy Confirmation: Above EMA50 Risk: Buying early without confirmation
๐ Rules: ๐ Confirmation first, entry later. Never chase candles.
$PENGU โ Market Snapshot (1H) PENGU is trading around 0.01102, holding above the recent low of 0.01060. RSI near 60 shows improving momentum, while MACD is slowly turning positive.
Technical View: The price is still below EMA200, but stabilizing near EMA50, suggesting consolidation before the next move. Volume is steady, indicating no panic selling.
Key Levels:
Support: 0.01060
Resistance: 0.01130 โ 0.01150
A breakout above resistance could open the door for short-term upside. #PENGU #CryptoTrading #BinanceSquare #WriteToEarn $PENGU
$MET is going to downtrend ๐ The "M pattern" in crypto is a double-top chart formation that signals a potential bearish reversal, meaning a downtrend may be starting.ย It forms an "M" shape on a price chart after an uptrend, consisting of two peaks of similar height separated by a dip (neckline).ย The pattern is confirmed and the reversal is expected to occur when the price falls below the neckline.ย