$PEPE Short Liquidation: $19.124K at $0.01818

A massive $19.12K short position liquidated! Bulls are flexing their strength, forcing shorts to cover. This could signal a trend shift or just a temporary squeeze—what’s next for $PEPE ?

Key Levels to Watch:

1. Support Zone: $0.01780 – If price holds here, it confirms strong buyer interest.

2. Resistance Zone: $0.01850 – A breakout above could spark a rally toward $0.01900 or beyond.

3. Momentum Check: Liquidations often trigger temporary spikes; watch for sustained volume to confirm the trend.

Next Moves for Traders:

For Bulls: Focus on a clean breakout above $0.01850. Targets: $0.01900 and $0.02000. Keep a stop-loss at $0.01770 to protect gains.

For Bears: Wait for signs of rejection near $0.01850–$0.01900. If momentum fades, consider shorting with a target around $0.01780.

For Scalpers: Exploit the $0.01800–$0.01850 range for quick trades.

Pro Tip:

High liquidation volume can create fakeouts. Confirm breakouts or breakdowns with consistent volume before committing to a trade.

$PEPE ’s action is heating up—stay sharp, stay prepared!

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