🚨$PEPE PEPE/USDT ALERT: Price Correction or a New Setup? 🚨
$PEPE is trading at 0.00001936, down 11.07%, following a sharp pullback from its recent high of 0.00002597. The meme coin is showing consolidation after the drop, but the question remains: Is this the calm before another move, or a sign of further downside?
💡 Key Levels to Monitor:
Resistance: 0.00002019 – Breaking above this could signal a recovery, with a target of 0.00002500.
Support: 0.00001349 – If the price falls below this level, expect a deeper retracement toward 0.00000771.
📈 Bullish Scenario:
If holds above 0.00001900 and breaks resistance at 0.00002019, we could see a rebound toward 0.00002500 and beyond.
📉 Bearish Risk:
Failing to hold the support zone at 0.00001900 could push the price toward 0.00001349, setting up a potential buying opportunity.
⚠️ Caution:
Volatility remains high with $PEPE. Use tight stop-loss levels and wait for clear confirmations before making your move.
What’s your next trade for $PEPE? Let’s watch how this unfolds!
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