PEPE — Is it gearing up again? Here’s why this meme coin might explode!
Hello traders!
PEPE is back strong with a +9.45% gain, and it’s starting to show signs of renewed strength. If you’re watching the meme coin sector, now might be the right time to secure your position before the next breakout.
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Why PEPE is rising:
🔹 Price action: Bouncing from a low of $0.00001064 with a push to $0.00001228.
🔹 Increased volume: Over 78.44T PEPE traded in the last 24 hours - the bulls are coming back.
🔹 MACD is flattening: Negative momentum is fading.
🔹 RSI at ~43: Still in the neutral zone, leaving plenty of room for upward movement.
🔹 Strong support area: Staying above $0.00001200 could be key for the next upward move.
$PEPE
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Chart watch:
Recent high at $0.00001397 shows potential for a breakout if we retest that area. The current consolidation phase may just be the calm before the storm.
Expect resistance around $0.00001300–$0.00001350. Will we break above that? Watch for $0.00001422+.
$PEPE
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My trading plan (NFA):
🔹Buy zone: $0.00001190–$0.00001220 (look for confirmation on volume)
🔹TP (Take Profit): $0.00001380 in the short term, $0.00001450 extension target
🚨SL (Stop Loss): Below $0.00001100 for management