BlockchainBaller
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$PEPE Hits Panic Zone Will the Memecoin Hold Its Ground???
$PEPE has dropped for the fifth session in a row, approaching the critical 0.00001000 support level. After peaking near 0.00001400, the price has steadily declined, losing over 13% in the past 7 days. The meme momentum has cooled, and market interest is fading as evident from the lower highs and extended red candles.
What’s Next?
If 0.00001000 fails to hold, PEPE could rapidly drop to 0.00000950 or even 0.00000900
A bounce from this area is possible, but it must reclaim 0.00001100 to shift sentiment
Short Trade Setup
Entry: 0.00001055 – 0.00001070
Stop Loss: 0.00001110
TP1: 0.00001000
TP2: 0.00000950
TP3: 0.00000900
PEPE is on edge. If buyers don’t defend 0.00001000, the memecoin may enter a deeper correction phase. Watch closely for volume reaction at this key support level.
$PEPE has dropped for the fifth session in a row, approaching the critical 0.00001000 support level. After peaking near 0.00001400, the price has steadily declined, losing over 13% in the past 7 days. The meme momentum has cooled, and market interest is fading as evident from the lower highs and extended red candles.
What’s Next?
If 0.00001000 fails to hold, PEPE could rapidly drop to 0.00000950 or even 0.00000900
A bounce from this area is possible, but it must reclaim 0.00001100 to shift sentiment
Short Trade Setup
Entry: 0.00001055 – 0.00001070
Stop Loss: 0.00001110
TP1: 0.00001000
TP2: 0.00000950
TP3: 0.00000900
PEPE is on edge. If buyers don’t defend 0.00001000, the memecoin may enter a deeper correction phase. Watch closely for volume reaction at this key support level.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
