$PEPE SHOWING SIGNS OF A BASE – BREAKOUT OR FAKEOUT?
$PEPE/USDT is trading at 0.00001238, down -8.09% today. After dipping to 0.00001223, price bounced back quickly, suggesting potential accumulation at lower levels.
Key Levels
• Resistance: 0.00001250 – Breakout targets 0.00001270 and 0.00001300
• Support: 0.00001220 – Breakdown risks 0.00001195 and 0.00001170
Trade Setup
Bullish
• Entry: Above 0.00001250
• TP1: 0.00001270
• TP2: 0.00001300
• SL: Below 0.00001220
Bearish
• Entry: Below 0.00001220
• TP1: 0.00001195
• TP2: 0.00001170
• SL: Above 0.00001250
Structure favors short-term bounce, but confirmation above resistance is key before taking action.