$PEPE /USDT BULLISH MOMENTUM BUILDING AFTER STRONG BOUNCE FROM DEMAND ZONE!
$PEPE is showing signs of recovery with a clear bounce from the lower support near 0.00001140. The 1H chart highlights strong buying pressure following the dip, forming a higher low and reclaiming the 0.00001186 level. If momentum holds, a breakout above the recent high near 0.00001208 could trigger another leg up.
Trade Setup (LONG):
Entry Price: 0.00001175 – 0.00001190
Target 1: 0.00001220
Target 2: 0.00001245
Stop Loss: 0.00001139
Why Long?
Price action confirms bullish strength with higher lows and bullish engulfing candles. Volume is supporting the upward move, and a retest of 0.00001220 is likely if current resistance breaks.
Risk Management Tip:
Use tight stop loss below support to minimize risk. Adjust SL to entry if first target hits.
Buy and Trade here on $PEPE