$PEPE Pops +14% – Bounce Zone Holding or Fakeout Trap?
PEPE is trading at 0.00001273, soaring +14.38% on the day. After bouncing from the $0.00001100 region, the price is now testing a local resistance block. This tight consolidation can break either way — traders should stay ready.
Key Technical Levels:
• Resistance: 0.00001280 – 0.00001310
A clean breakout above this zone could lead to a fresh push toward recent highs.
• Support: 0.00001260 – 0.00001240
If bulls fail to hold, PEPE may slide back into the lower demand area.
Trade Setup:
Bullish Entry:
If price breaks above 0.00001280
• Target 1: 0.00001300
• Target 2: 0.00001330
• Target 3: 0.00001360
• Stop-loss: Below 0.00001240
Bearish Entry:
If price breaks below 0.00001240
• Target 1: 0.00001200
• Target 2: 0.00001170
• Target 3: 0.00001130
• Stop-loss: Above 0.00001280
This zone is a short-term pivot. Breakout volume will confirm direction. Watch the next 15–30 minute candle closely before jumping in.