$PEPE Long Liquidation Alert!
A $6.76K long position was liquidated at $0.01856, showing significant selling pressure.
This indicates weakness among buyers, and the market may continue to see volatility in the near term.
Support Levels: Immediate support lies at $0.01800. If broken, it could fall to $0.01750.
Resistance Levels: If buyers step in, expect resistance at $0.01900 and $0.02000.
Suggested Trading Plan:
Buy Zone: $0.01800–$0.01750 (look for signs of a bounce before entering).
Targets:
Target 1: $0.01900 (short-term recovery).
Target 2: $0.02000 (if bullish momentum builds).
Stop Loss: Place a stop-loss at $0.01730 to protect capital.
Pro Tip:
Monitor volume closely; a spike could confirm the next direction.
Trade with discipline, and don't rush to enter unless the trend shows clear signs of reversal or continuation.
Stay calm, follow your strategy, and let the market guide your decisions!
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