$PEPE /USDT CRUCIAL LEVEL TEST – BOUNCE OR BREAKDOWN AHEAD?
$PEPE/USDT is trading at 0.00000866, down -1.37% on the day, and has just retested a major horizontal support zone visible on the 1H chart. The price has bounced off this level several times, but the repeated tests suggest a potential breakdown if bulls don’t step in soon.
Trade Setup (Short-Biased):
Entry Zone: $0.00000870 – $0.00000880
Take Profit Targets: $0.00000852 / $0.00000820 / $0.00000790
Stop Loss: $0.00000895
Market Outlook:
A clean break below $0.00000865 could trigger strong downside momentum, while a strong bounce from here could set up a scalping long. Traders should watch for a decisive move around this key level.
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