$PEPE Analysis: Correction or Opportunity? 🐸🔥
$PEPE has pulled back nearly 9% after a strong run, with a current price of $0.00001304. Meme coin volatility is high, and traders are watching key levels.
Market Overview:
Current Price: $0.00001304
24h High: $0.00001512
24h Low: $0.00001263
Volume (24h): 35.52T PEPE, $497.86M USDT
Change: -8.81% (24h)
Key Levels to Watch:
Resistance: $0.00001525, $0.00001512, $0.00001470
Support: $0.00001415, $0.00001360, $0.00001304, $0.00001263, $0.00001250
Trade Setup:
Bullish Scenario (Above $0.00001300):
Entry: Above $0.00001320
Targets: $0.00001400, $0.00001500, $0.00001620+
Stop-Loss: $0.00001240
Bearish Scenario (Below $0.00001260):
Entry: Below $0.00001260
Targets: $0.00001180, $0.00001100
Stop-Loss: $0.00001310
Should You Buy the Dip or Wait?
$0.00001260 looks like a strong support zone
MACD showing early signs of reversal, but volume is dropping
Risk/reward improves near $0.00001240 support for scalpers
What's your move? Buying or sitting this one out?