🚨 $PEPE/USDT Tumbles 11%: Is the Downtrend Over or Just Beginning? 🚨
PEPE is under heavy pressure, currently trading at $0.00001688, down 11.62% in the last 24 hours. After a high of $0.00001972, PEPE has slumped to a low of $0.00001653, breaking key support levels.
Key Levels to Watch:
Immediate Support: $0.00001650 – A breakdown below this could signal further downside.
Resistance Levels (Targets):
1. $0.00001900 – First resistance to reclaim bullish momentum.
2. $0.00002200 – A critical level for sustained recovery.
3. $0.00002500 – A breakout above this could ignite a strong rally.
Trade Setup:
Long Entry: Above $0.00001900, targeting $0.00002200 and $0.00002500.
Short Entry: Below $0.00001650, aiming for $0.00001550 or lower.
Stop-Loss: Set at $0.00001680 to manage risk effectively.
💡 Pro Tip: With volume remaining high, PEPE is at a critical decision point. Watch closely for a breakout or breakdown to confirm the next direction. Trade cautiously and manage risk tightly.
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