🚀 $PEPE /USDT Trading Signal – Attempting a Recovery

Current Price: $0.00001732 (-5.97%)

$PEPE has been in a downtrend, hitting a 24H Low of $0.00001520 before showing signs of recovery. The price is approaching critical resistance levels, with EMA(7) acting as immediate support.

📉 Short Entry Signal:

If the price breaks below $0.00001700, a short trade could target further downside.

Entry Range: $0.00001680 - $0.00001700

Target 1: $0.00001600

Target 2: $0.00001550

Stop Loss: $0.00001750

📈 Long Entry Signal:

If the price sustains above $0.00001780, bullish momentum may resume.

Entry Range: $0.00001780 - $0.00001800

Target 1: $0.00001850

Target 2: $0.00001900

Stop Loss: $0.00001720

🔎 Market Observations:

$PEPE is below its major EMAs (EMA(25): $0.00001763, EMA(99): $0.00001828), suggesting continued bearish pressure unless resistance is cleared.

Resistance at $0.00001780 is critical for the bulls to regain control.

Support at $0.00001700 may act as a bounce zone if tested again.

High volatility in meme coins requires strict risk management. Use tight stop-loss orders and smaller positions.

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