$PEPE /USDT – BULLISH CONSOLIDATION BEFORE NEXT LEG UP!
Current Price: $0.00001099
$PEPE is currently showing signs of strength as it consolidates just below minor resistance. The micro uptrend is supported by steady volume and small but consistent higher lows.
Key Levels:
Support Levels: $0.00001080 / $0.00001060
Resistance Levels: $0.00001120 / $0.00001150 (major breakout zone)
Price is forming a tight range between $0.00001090 and $0.00001120. A break above this consolidation could signal a bullish continuation toward higher levels.
Trade Setup – LONG POSITION
Entry: $0.00001100 – $0.00001105 (on confirmation breakout)
Take Profit (TP):
TP1: $0.00001140
TP2: $0.00001180
Stop Loss (SL): $0.00001080 (just below support)
Short-Term Market Outlook:
PEPE looks ready for a bullish breakout as it builds momentum with low volatility near key resistance. Strong buyer interest at lower levels indicates potential for upside movement if volume spikes.
Risk Management Tip:
Risk only 1-2% of your capital. Wait for candle close confirmation above resistance before entering. Always use stop-loss to protect against fakeouts.
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