$PEPE SLIPPING UNDER PRESSURE: CAN SUPPORT HOLD?
$PEPE is currently trading at $0.00001362, down -4.22% today. After multiple failed attempts to reclaim $0.00001380, price action has tilted bearish again. The pair is testing a crucial short-term support zone and needs strong buyer interest to avoid deeper losses.
Key Technical Zones:
• Immediate Resistance: $0.00001370 – $0.00001385
Repeated rejections from this zone mark it as the key level to beat for any bullish momentum.
• Support Zone: $0.00001355 – $0.00001360
Price is hovering just above this crucial level. A breakdown here could accelerate the downtrend.
Trade Setup:
Bullish Scenario:
• Entry: Above $0.00001375 with strong volume
• TP1: $0.00001390
• TP2: $0.00001420
Bearish Scenario:
• Entry: Below $0.00001355
• TP1: $0.00001330
• TP2: $0.00001300
Stop-Loss Placement:
• Longs: Below $0.00001350
• Shorts: Above $0.00001375
PEPE is on edge. A breakout above $0.00001375 could breathe life back into bulls, but failure to hold $0.00001355 might invite panic selling. Stay alert—this level could trigger the next big move.