📊 Pepe Coin (PEPE) Price Analysis – February 2025

đŸ”č Current Price:

📉 $0.00000935 – PEPE is trading near the lower end of its medium-term range. Over the past month, it has dropped 52.41% from its December 9, 2024 high of $0.000028.

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📈 Technical Indicators:

📌 Price Action & Trend:

🔍 PEPE is consolidating after a sharp correction. A bullish engulfing pattern has appeared on the weekly chart, signaling potential buying momentum. However, the overall market sentiment remains bearish 🛑.

📌 Support & Resistance:

🛠 Support Levels:

🟱 $0.000010 (Key Support)

🟱 $0.000009 & $0.000008 (Additional Support Zones)

🚧 Resistance Levels:

🔮 $0.000012, $0.000013, $0.000014 (Major Resistance)

A breakout above resistance would be a bullish signal ✅.

📌 Momentum & Volume:

📊 RSI is showing oversold conditions, which may support a short-term bounce. However, low trading volume makes the outlook uncertain đŸ€”.

📉 Market sentiment (Fear & Greed Index) remains in "Fear" territory 😹.

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🔼 Outlook:

📌 If buyers push PEPE above $0.000012, a recovery could begin.

📌 A confirmed bullish trend would require higher volume & sustained breakout 🚀.

📌 Given PEPE's volatility, risk management is crucial ⚠.

📱 Summary: While early signs of reversal exist (like the bullish engulfing pattern), PEPE is still consolidating near support. Watch momentum & volume closely before making any moves 👀📊.

🔔 Stay cautious & trade smart! 🚀