$PEPE /USDT Analysis: Potential Recovery Ahead $PEPE is trading at $0.00001281, showing a significant decline of 13.68% in the last 24 hours. After touching a low of $0.00001210, the token is attempting to recover, with minor bullish momentum observed.
Key Levels to Watch:
Resistance: $0.00001340 – A breakout here could lead to further recovery toward $0.00001400.
Support: $0.00001210 – A breakdown below this level may test the next support at $0.00001190.
Indicators:
RSI at 48 suggests neutral momentum, providing room for either a bounce or further drop.
Volume remains moderate, indicating cautious market participation.
Trade Setup:
1. Long Entry: Above $0.00001300, targeting $0.00001340 and $0.00001400.
2. Short Entry: Below $0.00001210, aiming for $0.00001190 and $0.00001150.
Risk Management: Place a stop-loss at $0.00001250 to manage downside risks effectively.