$PEPE Bounce Opportunity on the 4H Chart 📉➡️📈
$PEPE has retraced to around $0.00001208 after pulling back from its recent local high at $0.00001362. It’s now approaching a key 4H support zone near $0.00001180, a level that has historically attracted strong buyer interest.
With buy-side momentum holding steady (over 61% bid strength), we could be looking at a potential reload zone for bulls.
🔍 Long Setup I'm Watching:
Entry Range: $0.00001200 – $0.00001210
Take Profit 1: $0.00001250
Take Profit 2: $0.00001310
Stop Loss: $0.00001165
A confirmed bounce would likely be signaled by a bullish 4H candle closing above $0.00001215. Patience could pay here—risk/reward looks favorable if support holds.