📊 PEPE/USDT Analysis - 1D

#PEPE #MemeCoin #Binance #Crypto 🐸📉📈

🧠 Current Situation:

PEPE has just broken below the EMA 21 (pink line) and is testing the EMA 200 (light blue line) as support. The technical structure indicates weakness in the short term, and the rejection from $0.00001500 seems to have marked a temporary ceiling.

📉 Technical Indicators - Stochastic RSI:

🔍 The stochastic RSI is currently falling sharply towards the oversold zone, currently near 11.45, a level historically associated with potential bounce areas.

📅 Comparison with the Past:

🔁 In May, November, and February, similar values in the stochastic RSI (~10-15) have been followed by significant bounces, although not immediately.

📌 However, in previous cycles, the price rebounded after confirming a bullish crossover of the stochastic, which has not yet occurred this time.

📌 Key Levels:

Strong Support: $0.00001000

Immediate Resistance: $0.00001250

Last Lost Support: EMA 21

📈 What to Watch?

🟢 If PEPE manages to defend the $0.00001000 area and the stochastic turns upward, we could see a technical bounce towards $0.00001200–$0.00001300.

🔴 If the EMA 200 is broken strongly, the price could fall towards lows of $0.00000850.

🎯 Possible Strategy:

🔍 Wait for a bullish crossover in the stochastic as a conservative entry signal.

🔺 Speculative Entry: $0.00001080–$0.00001120

🎯 TP: $0.00001280

🛑 SL: Below $0.00000980

⚠️ There is still no confirmation of reversal, but the stochastic RSI suggests that the bearish movement may be nearing exhaustion.

#PEPEUSDT #MemeCoin #TechnicalAnalysis #RSI #Crypto 🧾📉🟢