$PEPE – Support Holding, Ready for a Bounce?

$PEPE is currently consolidating just above the key 0.00001170 support level after a strong downtrend. The recent candle shows a potential bullish rejection from the lows, suggesting buyers may be stepping in. If price holds above 0.00001180, a short-term bounce towards 0.00001210–0.00001230 is likely. However, a breakdown below 0.00001160 could trigger another leg down.

Trade Setup (Long Bias):

• Entry: 0.00001180 – 0.00001189

• Stop Loss: Below 0.00001160

• Target 1: 0.00001210

• Target 2: 0.00001230

• Target 3: 0.00001250

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