$PEPE AT CRITICAL JUNCTURE – BREAKOUT OR MORE BLEEDING?
$PEPE is currently trading at 0.00001168, after attempting a small bounce from the intraday low. Price is compressing within a tight range, and bulls need a clear breakout to avoid another bearish leg.
Key Levels to Watch
• Resistance Zones:
0.00001180 – Immediate resistance holding price down
0.00001190 – Secondary resistance ahead of larger breakout zone
• Support Zones:
0.00001160 – Near-term support to protect
0.00001154 – 24h low and critical breakdown level
Trade Setup – Volatility Incoming
• Bullish Scenario: If price breaks above 0.00001180, potential upside targets:
TP1: 0.00001190
TP2: 0.00001205
• Bearish Scenario: A drop below 0.00001160 could extend toward:
TP1: 0.00001154
TP2: 0.00001130
Stop-Loss Strategy:
• Longs: Below 0.00001158
• Shorts: Above 0.00001182