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🚀 PEPE/USDT: Ready for a breakout or pullback? Discuss the next big step! 🌟

The $PEPE /USDT pair has been on an upward trajectory, currently trading at 0.00001476 and posting a notable gain of 3.94%. This move has piqued traders' interest and the chart suggests several crucial levels that could dictate its next moves. Let’s explore the potential scenarios in detail.

Current price: 0.00001476

=> Limited scope scenario:

- Support levels: 0.00001438, 0.00001422

- Resistance levels: 0.00001497, 0.00001515

If the price consolidates at the support zone of 0.00001438 and resistance of 0.00001515, traders could opt for range trading strategies. Buying near support and selling around resistance levels could lead to potential profits. However, a breakout of this range could indicate larger moves.

=> Bullish scenario: 🐂

- Immediate resistance: 0.00001497, 0.00001515

- Major resistance: 0.00001550, 0.00001600 (psychological level)

- Targets: 0.00001650 - 0.00001700 (new highs)

In the bullish scenario, breaking the immediate resistance levels at 0.00001497 and 0.00001515 could pave the way for a rally towards the main resistance at 0.00001550. If the buying momentum persists, a breakout of the psychological level of 0.00001600 could push the price to new highs, with potential targets between 0.00001650 and 0.00001700. 🚀

=> Bearish scenario: 🐻

- Immediate assistance: 0.00001438, 0.00001422

- Main support: 0.00001400, 0.00001350

- Targets: 0.00001300 (previous low)

Conversely, if price breaks through the immediate support levels of 0.00001438 or 0.00001422, this could trigger bearish momentum, potentially testing key 0 support levels.00001400 and 0.00001350. A downward trend is