๐Ÿ“Š PEPE/USDT Technical Analysis (4H Timeframe)

๐Ÿ“ˆ Possible Scenarios

โœ… Bullish Scenario (Break Above $0.00000751)

If PEPE breaks and holds above $0.00000751, it could target $0.00000780 โ†’ $0.00000832.

โŒ Bearish Scenario (Rejection at Resistance)

If PEPE fails to reclaim $0.00000751, it may drop back towards $0.00000650.

A break below $0.00000650 could send the price toward $0.00000588 โ†’ $0.00000525.

Strong buying pressure could push it toward the previous high of $0.00000895.

๐Ÿ”น Market Overview

Current Price: $0.00000667

24h High: $0.00000745

24h Low: $0.00000650

24h Change: -2.63%

๐Ÿ” Technical Breakdown

1๏ธโƒฃ Support & Resistance Levels

Major Resistance: $0.00000751

Current Resistance: $0.00000700 (psychological level)

Key Support: $0.00000650

Major Support: $0.00000525

2๏ธโƒฃ Price Action Analysis

PEPE was in a downtrend (marked by the yellow trendline), forming lower highs and lower lows.

It found strong support at $0.00000525, leading to a bullish reversal.

The price tested the resistance at $0.00000751 but got rejected, signaling selling pressure.

The price is currently retracing after the rejection but still holding above previous lows.

๐Ÿ“ข Trading Strategy

๐Ÿ“Œ Long (Buy) Entry:

Entry: Above $0.00000710 - $0.00000751

Targets: $0.00000780 โ†’ $0.00000832 โ†’ $0.00000895

Stop Loss: Below $0.00000650

๐Ÿ“Œ Short (Sell) Entry:

Entry: Below $0.00000650

Targets: $0.00000588 โ†’ $0.00000525

Stop Loss: Above $0.00000710

๐Ÿš€ Conclusion

๐Ÿ”น PEPE has shown a strong bounce from $0.00000525 but got rejected at $0.00000751.

๐Ÿ”น A breakout above $0.00000751 could signal a bullish rally towards $0.00000832 and higher.

๐Ÿ”น A failure at resistance may push the price back to $0.00000650 or lower to $0.00000525.

๐Ÿ”น Watch the $0.00000751 level carefullyโ€”a breakout can lead to more upside, while a rejection could bring a pullback.

Let me know if you need further analysis!

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