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🚀 PEPE/USDT: Ready for a breakout or pullback? Discuss the next big step! 🌟

The $PEPE /USDT pair has been on an upward trajectory, currently trading at 0.00001476 and posting a notable gain of 3.94%. This move has piqued traders' interest and the chart suggests several crucial levels that could dictate its next moves. Let’s explore the potential scenarios in detail.

Current price: 0.00001476

=> Limited scope scenario:

- Support levels: 0.00001438, 0.00001422

- Resistance levels: 0.00001497, 0.00001515

If the price consolidates at the support area of ​​0.00001438 and resistance of 0.00001515, traders could opt for range trading strategies. Buying near support and selling around resistance levels could lead to potential profits. However, a breakout of this range could indicate larger moves.

=> Bullish scenario: 🐂

- Immediate resistance: 0.00001497, 0.00001515

- Major resistance: 0.00001550, 0.00001600 (psychological level)

- Targets: 0.00001650 - 0.00001700 (new highs)

In the bullish scenario, breaking the immediate resistance levels at 0.00001497 and 0.00001515 could pave the way for a rally towards the main resistance at 0.00001550. If the buying momentum persists, a breakout of the psychological level of 0.00001600 could push the price to new highs, with potential targets between 0.00001650 and 0.00001700. 🚀

=> Bearish scenario: 🐻

- Immediate assistance: 0.00001438, 0.00001422

- Main support: 0.00001400, 0.00001350

- Targets: 0.00001300 (previous low)

Conversely, if price breaks through the immediate support levels of 0.00001438 or 0.00001422, this could trigger bearish momentum, potentially testing key 0 support levels.00001400 and 0.00001350. A downward trend is