$PEPE DANGER ZONE! WILL THIS FLOOR HOLD OR BREAK?
$PEPE is currently trading at 0.00001289, up +2.14% on the day, but the chart is flashing caution. After a prolonged downtrend, price is now hovering at its last local support—any breakdown below here could open the door for another leg down.
Key Levels to Watch:
• Critical Support: 0.00001285 – 0.00001286 (must hold)
• Immediate Resistance: 0.00001300 – 0.00001310
• Major Resistance: 0.00001340 – 0.00001360
Trade Setup – Watch This Range Closely:
Bullish Setup:
• Entry: Break and close above 0.00001300
• TP1: 0.00001320
• TP2: 0.00001360
• Stop-Loss: Below 0.00001280
Bearish Breakdown:
• Entry: Below 0.00001285 with heavy red volume
• TP1: 0.00001250
• TP2: 0.00001220
• Stop-Loss: Above 0.00001300
$PEPE is clinging to a thin support zone. If bulls lose this grip, expect a sharp flush lower. But if they hold and reclaim $0.00001300, a bounce could trigger. High volatility expected—wait for confirmation.