$PEPE Struggles to Hold Support – Breakdown or Bounce Ahead?

$PEPE is down -3.35%, currently trading at 0.00001039 after a clear breakdown from its mid-range consolidation. The chart shows continued lower highs and lows, indicating sustained bearish pressure. However, early signs of price stabilization near 0.00001030 suggest a potential bounce zone. A quick reclaim above 0.00001050 could flip sentiment in the short term.

Trade Setup:

Entry (Long): 0.00001030 – 0.00001040

TP1: 0.00001060

TP2: 0.00001080

Stop Loss: Below 0.00001020

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