🚨$PEPE As of now, the live price of Pepe (PEPE) is approximately $0.00001069, with a 24-hour trading volume of about $1.21 billion. This indicates a significant level of trading activity, which is essential for confirming any potential recovery.

Current Analysis:

Recent Price Action: After hitting a low of $0.00001024, PEPE has indeed bounced back, forming a potential short-term reversal candle. This is a positive sign for traders looking for a recovery.

StochRSI: Being deeply oversold suggests that there is potential for upward momentum, especially with buy pressure currently at 61%.

Long Trade Setup (4H Timeframe):

Entry Zone: $0.00001060 – $0.00001080

Take Profit Levels:$PEPE

Take Profit 1: $0.00001120

Take Profit 2: $0.00001160

Take Profit 3: $0.00001200

Stop Loss: $0.00001020

Market Sentiment:

PEPE has shown resilience in previous dips from this region, and a confirmed bounce with an uptick in volume could indeed spark another meme rally. Keep a close eye on the $0.00001116 resistance level, as breaking through this could signal further bullish momentum.

Buy and trade here on $PEPE