$PEPE Breakout Imminent or Just Meme Momentum?
PEPE is currently trading at $0.00000717
up +9.97%today, as it tests a key local resistance level. After a steady recovery from recent lows, the price has consolidated beneath this critical zone—setting up for either a breakout or a pullback.
Key Levels to Watch
Resistance Zone:
- $0.00000720 – $0.00000725 – A breakout above this range could propel PEPE toward:
- Target 1:$0.00000740
- Target 2:$0.00000765
Support Zone:
$0.00000700 – Holding this level is crucial. A breakdown could lead to:
-Target 1:$0.00000685
-Target 2:$0.00000650
Trade Setup – Meme Fuel or Mid-Pump Trap?
Bullish Scenario:
- Entry:
Break and close above $0.00000725
- Targets:
- $0.00000740
- $0.00000765
- Stop-Loss: Below $0.00000700
Bearish Scenario:
- Entry:
Breakdown below $0.00000700
- Targets:
- $0.00000685
- $0.00000650
- Stop-Loss: Above $0.00000720
