Support Holding Strong!
After a period of consolidation and downward pressure, PEPE/USDT found strong support in the 0.00001267 โ 0.00001300 zone. This demand area has acted as a reliable floor, and the price is now rebounding confidently from it. Buyers seem to be stepping back in with growing volume, a sign of renewed bullish interest.
Resistance Flip in Progress
The horizontal resistance near 0.00001390 โ 0.00001410 has historically acted as a key level, and PEPE is eyeing that level once again. If this zone is broken with momentum, we could see a quick move toward 0.00001450 and possibly higher. The recent pattern of higher lows signals strength building up for a potential breakout.
Momentum Building Upward
The blue arrow trajectory on the 30-minute chart indicates a bullish wave formation. A breakout above resistance may accelerate gains as short-term traders chase momentum. A clean close above 0.00001410 will be crucial for validation.
$PEPE Trade Setup
โข Entry Zone: 0.00001350 โ 0.00001360
โข Take Profit 1: 0.00001410
โข Take Profit 2: 0.00001450
โข Take Profit 3: 0.00001500
โข Stop Loss: 0.00001300 (below demand zone)
Pro Tip: Watch for a volume spike near resistance. If the breakout is supported by volume, it could trigger a strong upward continuation. But if price stalls near 0.00001410, expect a retest or short-term pullback.