🚨 PEPE Price Action Alert: Major Breakout Imminent
PEPE is setting up for a potentially explosive move. The recent price action suggests a crucial decision point. Here's what you need to know:
Key Support Zones: Strong support at 0.0000007 USDT, which has held up well in recent dips.
Resistance Levels: Major resistance around 0.0000013 USDT. A breakout above this level could signal a bullish trend continuation.
50-Day Moving Average: Price is flirting with the 50-day MA, a critical indicator. A sustained move above could confirm bullish momentum.
Bullish Scenario: If PEPE breaks and holds above 0.0000013 USDT, expect a potential rally toward 0.0000016 USDT and beyond.
Bearish Risk: Failure to break resistance might trigger a retest of lower support zones, possibly down to 0.0000007 USDT.
📈 Strategy: Monitor closely for a breakout above resistance. Consider entering on confirmation with tight stop-losses to manage risk.
💬 Engage: What’s your take on PEPE’s next move? Drop your thoughts, like, share, and tip if this analysis was helpful!