Another bold prediction about $PEPE by pandatraders was 💯💯💯💯💯 accurate 🔥🔥

1.Identifying Key Support and Resistance Levels
$PEPE Support Levels:

0.00001441: This is the lowest price observed in the recent chart and a key support level.

0.00001668: A minor support level where the price has recently bounced back.

Resistance Levels:

0.00001951: A strong resistance level where the price was rejected multiple times.

0.00002188: The recent peak on the chart, acting as another key resistance.
2. Entry Points for Positions🔥

Short Position⤵️⤵️

Entry: Near resistance at 0.00001951 if price shows rejection.

Target: Close position around 0.00001668 (support level).

Stop Loss: Slightly above 0.00001951, e.g., 0.00001980.

Long Position⤴️⤴️

Entry: Near 0.00001668, assuming the price holds above this support.

Target: Close position around 0.00001951 (resistance level).

Stop Loss: Slightly below 0.00001668, e.g., 0.00001640.

3. Market Indicators Analysis🧠

✔️RSI (Relative Strength Index):

Currently near neutral, indicating no strong overbought or oversold condition. A dip below 30 or rise above 70 could signal entry or exit opportunities.

✔️MACD (Moving Average Convergence Divergence):

✔️Observe for a bullish crossover (signal line crossing the MACD line upward) for a long entry, or a bearish crossover for a short entry.
✔️Volume:
24-hour trading volume is significant (21.99T), showing high interest. This can indicate potential volatility.

💰4. Suggested Strategy

Given the recent bounce from 0.00001441, the market could attempt another upward move. However, observe the broader trend and any significant news regarding PEPE that may affect its price.
5. Risks and Insights⚠️

High Volatility: As a meme coin, PEPE is highly volatile. Be prepared for unexpected price movements.

Liquidity Risks: Watch the order book. If sell pressure dominates (as indicated in red, 42.52%), prices might drop further.

Sentiment: Monitor social media or news for updates that may affect PEPE’s momentum.
For a short-term trade, use support and resistance levels for scalping opportunities.

For a long-term hold, evaluate fundamental news and sentiment around the coin.

Always use stop losses to protect against unpredictable moves.