Pepe Coin ($PEPE ), the meme token that took the crypto world by storm, is showing signs of a potential move. After a period of consolidation, the price is hovering near a critical support zone. Traders and investors are keeping a close eye as volatility is expected to increase soon.
Currently, PEPE$PEPE is trading around a key support level. If it holds, we could see a short-term bounce, providing a buying opportunity. However, if it breaks down, it may dip further before a stronger reversal.
Signal (Next 2-5 Hours):
Buying Zone: $0.00001120 – $0.00001150
Target: $0.00001230 – $0.00001250
Stop Loss: $0.00001080
Note: Enter only if price stabilizes above support with good volume.
On the other hand, if resistance at $0.00001250 is not broken in the next few hours, it could be a good selling opportunity for short-term traders.
Reminder: Meme coins are highly volatile. Always trade with risk management and avoid over-leverage.