$PEPE Is the Dip Over or More Bleed Ahead?
PEPE is currently trading at 0.000001009 after a -4.18% drop, with price struggling to reclaim the 0.000001020 level. Heavy volume accompanied the recent dump, and while short-term bids are returning, the structure remains fragile.
Key Levels to Watch
Resistance: 0.000001020 – A break above this level could open targets at 0.000001040 and 0.000001060
Support: 0.000001004 – A breakdown below this could push PEPE to 0.000000990 and 0.000000965
Trade Setup – Tight Range With Volatility Incoming
Bullish Entry:
Break and hold above 0.000001020
Target 1: 0.000001040
Target 2: 0.000001060
Bearish Entry:
Break below 0.000001004
Target 1: 0.000000990
Target 2: 0.000000965
Momentum remains weak, and the meme sector is under pressure. PEPE needs a strong bounce soon, or the bleed may continue. Monitor volume closely for confirmation.
