$PEPE /USDT Analysis: Bullish Rebound potential see that support area๐!
Current Price: 0.00002362
Support: Strong support at 0.00002355 ๐ก๏ธ
Resistance:
* Short-term resistance at 0.00002400 ๐
* Major resistance at 0.00002472 ๐๐
Long Entry Strategy:
* Entry: Buy near 0.00002355-0.00002365 ๐ข
* Target:
* Short-term: 0.00002400 ๐ฏ
* Long-term: 0.00002475 ๐ฏ๐ฏ
* Stop Loss: 0.00002325 โ
Short-Term Analysis:
The chart is forming a Bullish Flag Pattern ๐ฉ, suggesting a potential upside breakout.
Market Move:
* Bullish Scenario: If the price holds above 0.00002355 ๐ก๏ธ, a rally towards 0.00002472 ๐ฏ๐ฏ is likely.
* Bearish Scenario: A break below 0.00002355 ๐ก๏ธ could trigger a minor retracement.
Outlook:
The overall market sentiment remains bullish as long as support holds.
Key Trading Tip:
Watch for a volume breakout above resistance for confirmation of the bullish trend.