"PEPE Analysis: Is the Correction Phase Over?
$PEPE is currently trading with moderate fluctuations, hovering around $0.00001113. The price is holding above short-term support, indicating a potential buildup for the next move.
*Trading Strategy:*
- Pullback Entry: Consider buying between $0.00001085 and $0.00001100.
- Breakout Entry: Look for a move above $0.00001135 with volume confirmation.
*Targets:*
- Short-term targets: $0.00001160, $0.00001190, and $0.00001220.
- Stop Loss: Set below $0.00001060 to limit potential losses.
*Key Levels:*
- Support: $0.00001070 and $0.00001040.
- Resistance: $0.00001135 and $0.00001190.
*Market Outlook:*
Momentum is neutral-to-bullish, and PEPE may follow trends in the meme coin sector. A breakout above $0.00001135 could spark short-term upside momentum, especially if Bitcoin remains stable."
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