🚀 Buy Signal
$PEPE
After observing this consolidation, I added to my position in $PEPE. Here is my analysis:
Pattern:
The price has remained stable above the 99-day moving average support level of 0.00000330, currently trading at 0.00000332. The 7-day and 25-day moving averages are flattening out, and trading volume is also stabilizing, which is usually a signal of accumulation.
My reasons for being bullish on PEPE:
• Price is holding above the 99-day moving average at 0.00000330
• The 7-day moving average at 0.00000331 provides direct support
• Trading volume is stable, and selling pressure is gradually weakening
• Higher lows are forming on the 1-hour chart
• Market sentiment remains strong
My plan:
🎯 Target price:
0.00000335
0.00000340
0.00000345 (next resistance level)
🛑 Stop-loss: 0.00000330
Are there others buying PEPE?
Please share your charts and thoughts below👇
#PEPE #Meme #Trading #CryptoAnalysis $PEPE
{spot}(PEPEUSDT)