$PEPE Hits Oversold Levels – Will the Frogs Bounce Back?
$PEPE is trading at 0.00001053 after a sharp 2.23% drop, hitting a key support zone near 0.00001040. The long lower wick on the latest candle suggests buyer interest is emerging at the bottom. If bulls manage to hold above this level, a relief bounce toward 0.00001080 or higher is possible. A clean breakdown, however, could drive price to 0.00001020.
Trade Setup:
Entry (Long): 0.00001045 – 0.00001055
Stop Loss: 0.00001020
Target 1: 0.00001080
Target 2: 0.00001100
Target 3: 0.00001130
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