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PEPEUSDT

$PEPEUSDT key support and resistance levels + weekly forecastOKX:PEPEUSDT continues its weakness relative to CRYPTOCAP:BTC and broader "risk on" signal markets such as $NQ! This latest dip was driven by an extremely negative news event - Grifter Gensler and his band of goons at the SEC are employing some bank-collapse-contagion-red-herring tactics by suing Binance. This news allowed the bears to take control and we see the temporary decoupling from the usual tight correlation with the Nasdaq break: In such events, traders with massive positions such as wallet 0x4614 move to protect their capital and sold huge positions to cut short term losses, as the market readjusts to lower key levels. If this was a catastrophic sell off event, we would not have seen a bounce off key support at 0.00000095, and the last remaining support for OKX:PEPEUSDT 0.0000005 would have fallen. The 0.0000005 level is revealed by my TA as the "last stand" support level for $PEPEUSDT. Breakdown BELOW this level would be a pivotal bearish moment and we would need a week or so to establish relatively "strong" support levels, not just daily price ranges, at lower price levels. However, this is not what happened during Bitcoin's multi thousand dollar move down which means that short term volatility can continue. Using a three-way outcome/decision matrix - down-neutral-up - we can prepare for three scenarios and deploy capital accordingly. The first outcome which is down, is a breakdown below the 095 handle and a cascade towards 056 handle (red box range in title image). As OKX:PEPEUSDT is tightly correlated with CRYPTOCAP:BTC and AMEX:HYG (BBB bonds), this would likely mean those two broader markets would have continued lower. If we look at CRYPTOCAP:BTC key levels, again we're not in catastrophe scenarios at all, a nice bounce off the $25.5k level and bulls will target $25.9k as next resistance: And AMEX:HYG levels also looking healthy, above 74.3 support with 75.3 as overhead resistance. Secondly in the neutral outcome we find a new range in OKX:PEPEUSDT bouncing between 0.000000950 and 0.00000108. A perfectly acceptable outcome for active traders as this offers a nice 10% intra day range. Thirdly in the OKX:PEPEUSDT bull case we need to see a breakthrough in CRYPTOCAP:BTC above $25.9k level and a move towards its next major resistance level now at $27k.
by dreamalittle
PEPE like DOGE?Hello friends, when asked how I see it with PEPE, I would compare it to the similarity with DOGE, on pepe I put important trend lines for me and attached a long-term chart of dogecoin on it... make the picture yourself, I don't have any special one on pepe now opinion and we are not even overly bullish on the crypto situation. Overall, however, another big increase is expected for PEPE, in fact, when PEPE passes above the tredline, which is resistance, and rebounds from the lower trendline.. then I will open a long position.
CRYPTO:PEPEUSD
by Bitcoinblockchainonline
PEPE next move, Come on Bulls The main resistance is broken and retested as support which is 0.00095, so indicating bulls are taking over however, the trend line still remains and is very important for a 4hr candlestick /2hr close above and a retest of the trend line before we can have an entry. I will be waiting for the breakout and retest before taking a long with sl at 0.00095 Will update you all later. For more updates follow me and check out my previous ideas Feel free to comment with your opinions about the idea If you have any pair you want me to analyze indicate in the comment section Remeber news only drives what chart already indicates
Long
by DN_Trades
Strong BULL coming $PEPEThis is my last call for the BUY zone on $PEPE/USDT. 1. Falling wedge most likely will be breaking above soon. 2. 4H timeframe identifies a very strong bullish divergence. (if you check previous divergences, $PEPECOIN is always reflected on them!) 3. We have a very strong support zone! 4. rumors about Robinhood are very strong than ever! P.S Be greedy when others are afraid, and be afraid when others are greedy! P.s.s All this SEC lawsuits are just to make people afraid and let them buy cheap, countries like China and Russian are getting into Crypto, do you really think USA will ban crypto overall? If yes, then you just leave this space and continue 9-6 work. :))) P.s.s.s If somehow my analysis is incorrect about $PEPE/USDT, this will be my last publishing.
Long
by UncleSurfer
3
PEPE Coin | A Whale Sold PEPE at 52% Loss !A substantial loss was incurred by a whale who sold over 400 billion PEPE tokens at a 52% loss. The sale involved the transaction of 468.5 billion PEPE tokens, in exchange for 109 ETH valued at $190,000 and 237.5 thousand USDT. The unfortunate outcome of this transaction left the whale with a significant loss. On May 9, the whale withdrew approximately $890,000 worth of PEPE tokens from the KuCoin exchange. In my view, there appears to be a significant downward trajectory ahead. Looking forward to read your opinion about it.
Short
by TopgOptions
pepe---> why i see downward movement?hello guys... I was hopeful to find an area for the long position but unfortunately, I only see the potential for a short position. however, two green areas are GOOD for long position but be aware that adjust your target tiny! --------------------------------- always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
41
PEPE range and correction in short term ❌🧨Hello 🐋 the price now again stick in the parallel channel, we expect to see sharp red candlesticks to the downside besides the range market is acceptable scenario too 📖💡 if we lose our support level, we will see more correction ❌🧨 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
2