$PEPE Bearish Momentum or Quick Rebound Ahead?
PEPE is currently trading at 0.00001065, under heavy selling pressure after a sharp decline. The market is testing critical support levels, and the next move will decide whether sellers maintain control or bulls attempt a rebound.
Key Levels to Watch
• Resistance: 0.00001080 – A breakout above this could open the path toward 0.00001100 and 0.00001120.
• Support: 0.00001064 – Losing this zone could accelerate the drop toward 0.00001050 and 0.00001040.
Trade Setup – Prepare for High Volatility
Bullish Entry: A confirmed move above 0.00001080 could target:
• Tip 1: 0.00001100
• Tip 2: 0.00001120
Bearish Entry: A break below 0.00001064 could target:
• Tip 1: 0.00001050
• Tip 2: 0.00001040
Market Sentiment:
Selling volume remains elevated, suggesting caution for aggressive longs until signs of reversal appear. However, oversold conditions could spark a quick relief rally if buyers step in.
