$PEPE
🔍 Current Price:
0.00001103 down -5.24%
Slight bounce from critical support 0.00001037
Follow for updates 🥰♨️🔥
📈 Technical Situation:
The price failed to hold above 0.00001138 (important resistance)
Bounce in the form of a small double bottom from 0.00001037 ➜ Potential signal of upward intent, but without strong momentum so far.
Weakness in buying momentum (sell volume = 64.25%)
🐳 Whale Movements?
Medium-sized entry in the range between 0.00001037 ~ 0.00001100, likely for quick accumulation and not long-term entry.
No significant entry or clear “Buy Wall” has appeared yet ➜ indicating potential upward movement, but not confirmed.
🔥 Is the upward movement real? Or a trap?
The upward movement is real only if the price firmly exceeds 0.00001138 with an increase in volume.
If it fails and stabilizes below 0.00001100 ➜ it returns to 0.00001037 and may break it towards 0.00001007.
🎯 Trading Recommendation:
📌 Potential buying areas: 0.00001040 ~ 0.00001070 (with a stop loss below 0.00001037)
🎯 First target: 0.00001138
🚫 Avoid entering now unless a break of resistance is confirmed