$PEPE /USDT BEARISH PULLBACK AFTER STRONG RALLY — SUPPORT AT $0.00001260 UNDER THREAT!
$PEPE is trading at $0.00001293, down over 7% in the last 24 hours after failing to hold above the $0.00001400 resistance zone. The 1H chart shows a clear pullback, with price approaching the critical support at $0.00001260 — a breakdown here could invite deeper correction.
Trade Setup (Short):
Entry: $0.00001290 – $0.00001310
Take Profit (TP): $0.00001240 / $0.00001180
Stop Loss (SL): $0.00001350
Market Outlook:
Despite a strong 30-day gain of nearly 50%, PEPE is currently in a short-term correction phase. If the $0.00001260 support fails, momentum could flip fully bearish for the near term.
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