🐸 PEPE Trading: Meme Season or Just a Dead Cat Bounce?

PEPE is back in the spotlight, jumping over 40% this week and reigniting meme coin buzz. But is it a real rally or just exit liquidity for early holders?

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📊 Chart Setup

• Support: $0.00001130

• Resistance: $0.00001550

• PEPE broke out with volume, forming bullish engulfing candles — a key momentum signal.

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🔥 Why PEPE is Pumping

1. Meme Season 2.0: WIF and FLOKI paved the way.

2. Whale Activity: On-chain shows big wallets accumulating.

3. Hype + Low Market Cap: Traders see it as a high-reward play.

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🛠️ How to Trade PEPE

• Use tight stop-losses — this market moves fast.

• Breakout traders: Wait for a clean move above resistance.

• Scalpers: Watch RSI + volume on 5-min charts.

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⚠️ Risks

• PEPE is pure hype — no fundamentals.

• High chance of rug pull or whale dumps.

• Not suitable for long-term holding without a strategy.

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TL;DR: PEPE is trending, but trade smart. Don’t chase green candles without a plan. Meme magic is fun — but exits matter more than entries.

💬 What’s your take on PEPE? Pump or dump?

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