#PEPE/USD Breakout or Rejection? Price at Key Decision Point
By: Rashid Owaisy
$PEPE is currently testing the 0.00001245 resistance level. If price manages to break and hold above this zone, we could see a bullish continuation toward:
0.00001400 (short-term target)
0.00001550 (next resistance zone)
However, failure to break this level could lead to a retracement back into the 0.00001200–0.00001150 demand zone, where buyers have previously stepped in.
🔍 Key Takeaways:
is at a decision point.
Breakout = bullish continuation toward 0.00001550.
Rejection = potential drop to support at 0.00001150.
Currently trading sideways, the market awaits confirmation. Watch for a strong candle close above resistance or signs of rejection.