๐ธ $PEPE /USDT โ Pullback or Opportunity? Key Support Being Tested!
Momentum Analysis: PEPE is experiencing a -5.48% pullback, currently trading at $0.00001172, after rejecting the 24h high of $0.00001293. However, strong 24h volume of 31.37T PEPE (~$364.3M USDT) indicates the meme coin remains hot with high trader engagement.
Long Setup:
Entry Zone: $0.00001160 โ $0.00001175
Targets:
T1: $0.00001220 (minor resistance)
T2: $0.00001270
T3: $0.00001300 (near 24h high zone)
Stop Loss: $0.00001090 (below recent low)
Breakout Confirmation Level: $0.00001220
Key Support: $0.00001107 and $0.00001095
Pro Tip: Look for a bounce from the $0.00001120โ$0.00001160 support range with rising volume before entering. Be wary of false breakouts typical in meme coin volatilityโtight risk management is key.