$PEPE FACING TIGHT RANGE – WILL IT SNAP OR SINK?
$PEPE is trading at 0.00001272, down -4.58% as price consolidates after a steep pullback from the 24h high of 0.00001425. With volume still high and bulls trying to defend key support, the next breakout (or breakdown) could come fast.
Key Levels to Watch:
• Resistance Zone: 0.00001290 – 0.00001310
A clean breakout above this range could revive bullish momentum.
• Support Zone: 0.00001253 – 0.00001264
Losing this support may trigger further downside pressure.
Trade Setup – Watch This Zone Closely:
Bullish Scenario:
If price breaks and sustains above 0.00001290 with strong volume, upside targets are:
• TP1: 0.00001310
• TP2: 0.00001350
Bearish Scenario:
A drop below 0.00001253 could extend losses toward:
• TP1: 0.00001210
• TP2: 0.00001175
Stop-Loss Suggestions:
• Long Position: SL below 0.00001253
• Short Position: SL above 0.00001310
PEPE is at a pressure point. A bounce above $0.00001290 could reignite bullish interest, while losing $0.00001250 might unravel deeper losses. Tight risk management is key.