$PEPE /USDT FORMING POTENTIAL DEAD CAT BOUNCE – CAUTION ADVISED
$PEPE is trading at $0.00001087 (-9.34%), showing a weak bounce after hitting the $0.00001037 low. Despite a massive 24h trading volume of 32.81T PEPE / $366.94M USDT, price action remains under pressure with lower highs forming – suggesting sellers still in control.
TRADE SETUP
Direction: Cautious Buy / Wait for Confirmation
Entry Zone: $0.00001060 – $0.00001090
Target 1: $0.00001121
Target 2: $0.00001169
Stop-loss: $0.00001028
PRO TIP
If price breaks $0.00001121 with volume, it may attempt recovery. Otherwise, this could just be a relief bounce in a broader downtrend – not ideal for fresh long positions without confirmation.
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