$PEPE /USDT – Critical Bounce or More Downside? 🚀
$PEPE is trading at $0.00000853 (-7.98%), showing weakness after a sharp decline. However, it recently bounced off key support, making this a crucial level for bulls to defend.
Long Setup (If Rebound Continues)
Entry Zone: $0.00000860 - $0.00000880
Target 1: $0.00000920
Target 2: $0.00000950
Stop Loss: $0.00000825
Bullish Outlook: If PEPE holds above $0.00000850, a relief bounce toward $0.00000920+ is possible, supported by increasing volume.
Short Setup (If Rejected at Resistance)
Entry Zone: $0.00000840 - $0.00000860
Target 1: $0.00000810
Target 2: $0.00000780
Stop Loss: $0.00000890
Bearish Outlook: A break below $0.00000840 could open the door for further downside toward $0.00000810 and beyond.
Market Insights & Pro Tips
🔹 A move above $0.00000900 could trigger further upside, confirming bullish momentum.
🔹 Holding $0.00000850 is crucial; failure could lead to deeper declines.
🔹 Watch for volume spikes to confirm the strength of the breakout or breakdown.
🔥 Will PEPE recover from here or is another leg down incoming? Let’s watch closely!
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