🚨 PEPE/USDT – 8H Trade Idea 🚨

Current Price: 0.00001308 (-2.39%)

Trend: Bullish Reversal

🔍 Technical Snapshot:

Strong bounce from the support zone at 0.00001037, confirming a higher low.

Price has now reclaimed the 7 EMA (0.00001271) and 25 EMA (0.00001223), indicating bullish momentum.

The price recently tested 0.00001362 (resistance) and faced a mild pullback, but remains above short-term EMAs.

The 99 EMA (0.00001206) is flattening, hinting at consolidation before the next leg up.

⚡ Trade Setup:

Entry: Buy between 0.00001305 – 0.00001310 on a confirmed 8H candle close above the 7 EMA.

Stop Loss: 0.00001235 (just below the 25 EMA to protect against false breakdowns).

Target 1: 0.00001362 (recent local high)

Target 2: 0.00001379 (next resistance)

📈 Market Outlook:

With higher lows and reclaiming key EMAs, PEPE looks poised for an upside move. Watch for volume to pick up for confirmation, with potential to test 0.00001362 resistance.$PEPE