🚀 $PEPE /USDT Price Action & Trade Setup 🚀

🔍 Current Price: 0.00000711 (+8.38%)

📊 24H Range: 0.00000631 - 0.00000745

📈 Market Sentiment: Bullish in short term, caution advised ✅

Market Overview:

$PEPE /USDT is showing strong upward momentum, gaining +6.60% today and maintaining a higher low structure on the 1-hour chart. The price is currently testing resistance near 0.00000745, which, if broken, could lead to further upside.

However, zooming out, the 30-day (-26.78%) and 90-day (-70.73%) trends still indicate a long-term bearish cycle. Bulls need to maintain buying pressure to confirm a true reversal.

Bullish or Bearish?

Short-term: Bullish ✅

Mid-term: Neutral to Slightly Bearish ⚠️

Long-term: Bearish unless key breakouts occur ❌

Trade Ideas:

🔹 Long Trade Setup: (For Bullish Traders)

📍 Entry: 0.00000700 - 0.00000710

🎯 Target 1: 0.00000750

🎯 Target 2: 0.00000800

🛑 Stop Loss: 0.00000680

🔎 Reason: Strong bullish momentum, higher lows forming

🔹 Short Trade Setup: (For Bearish Traders)

📍 Entry: 0.00000740 - 0.00000750

🎯 Target 1: 0.00000700

🎯 Target 2: 0.00000650

🛑 Stop Loss: 0.00000760

🔎 Reason: Resistance at 0.00000750, possible rejection

Predictions & Key Levels:

✅ Bullish Breakout Above: 0.00000750 → Possible rally to 0.00000850+

❌ Bearish Breakdown Below: 0.00000680 → Could drop to 0.00000620 - 0.00000600

🔥 Conclusion: PEPE/USDT is currently bullish in the short term, but long-term trends are still bearish. A break above 0.00000750 could signal further upside, while failure to hold support near 0.00000700 may trigger a retracement.

📊 What’s your trade? Long or Short? Drop your thoughts below! ⬇️

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