15-minute $PEPE USDT chart**, here's what I observe and the probable short-term scenario:
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### 🔍 **Technical Observations:**
1. **Recent High:**
* Price hit **0.000012964** (marked as 24h high).
* Sharp rejection from this level, indicating **resistance**.
2. **Support Levels:**
* Strongest visible support: **0.000012414** (near the recent low).
* Minor support seen around **0.000012551** (a consolidation area).
3. **Current Price:**
* Trading around **0.000012639**, showing a potential **bounce from local support**.
* Short-term higher low forming, suggesting **possible continuation**.
4. **Candlestick Pattern:**
* After a strong upward push, PEPE corrected but now shows small-bodied candles (indecision).
* Market may be setting up for the next move.
5. **Volume & Momentum:**
* Not visible here, but judging by candle bodies and wicks, **buying pressure is not dominant** yet.
* **Lower highs and higher lows** suggest a **possible squeeze** or **flag pattern**.
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### 🎯 **Next Potential Targets (Short Term):**
* **Bullish Breakout:**
* ✅ **Target 1:** 0.000012826 (minor resistance).
* ✅ **Target 2:** 0.000012964 (previous high and key resistance).
* ✅ **Target 3 (breakout):** 0.000013100–0.000013200 (extension of current trend if volume confirms).
* **Bearish Breakdown:**
* ❌ **Support 1:** 0.000012551
* ❌ **Support 2:** 0.000012414 (if broken, potential move toward 0.000012200)
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### 🧭 Strategy Suggestion:
* **If bullish confirmation (break above 0.000012826):**
* Consider long entries with tight stop-loss just below 0.000012551.
* **If rejection continues:**
* Be cautious, range-bound or bearish movement might follow.
Would you like me to add RSI or EMA analysis for a more refined entry/exit plan?
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