🚨 $PEPE Price at Critical Levels – Reversal or Continuation? 🚨
PEPE ($PEPE ) is trading at $0.00002055, down 2.42% in the last 4 hours. After reaching a 24-hour high of $0.00002106, PEPE has pulled back, showing signs of consolidation near key levels, hinting at a possible breakout or further correction.
Key Levels to Watch:
Immediate Support: $0.00001952
Holding above this level is crucial to avoid further downside. A breakdown could lead to additional selling pressure.
Major Resistance: $0.00002106
A breakout above this resistance could confirm renewed bullish momentum, pushing PEPE higher.
Three Targets for Traders:
1. Target 1: $0.00002150 – Immediate resistance zone for quick profit-taking.
2. Target 2: $0.00002230 – A higher level indicating a continuation of the bullish trend.
3. Target 3: $0.00002360 – A significant milestone for a strong rally continuation.
Trade Setup:
Long Entry: Above $0.00002106, targeting $0.00002150, $0.00002230, and $0.00002360.
Short Entry: Below $0.00001952, targeting $0.00001880 and $0.00001796.
Stop Loss: Place at $0.00002000 to manage downside risk.
PEPE is poised for its next major move; stay vigilant for key breakout or breakdown signals.