🐸 PEPE: Will the Frog Leap or Stay Put? 🐸

Ladies and gents, grab your popcorn and lucky frog charms because we’re diving into the latest PEPE/USDT action. PEPE is trading at $0.00000864, showing a slight increase of 0.12%. Will it leap to new heights or remain steady? Let’s break it down!

=> Range-Bound Scenario

- Support: $0.00000849, $0.00000851

- Resistance: $0.00000874, $0.00000887

If PEPE stays within the support levels of $0.00000849 and $0.00000851 and the resistance levels of $0.00000874 and $0.00000887, traders might consider a range-bound strategy. Buying near the support levels and selling near the resistance levels could be wise. Watch for any breakouts signaling a new trend!

=> Bullish Outlook: 🚀

- Immediate Resistance: $0.00000874, $0.00000887

- Major Resistance: $0.00000900 (psychological level), $0.00000920

- Target: $0.00000950 - $0.00001000

In a bullish scenario, breaking above the immediate resistance levels of $0.00000874 and $0.00000887 could push the price towards the major resistance at $0.00000900. If the bullish momentum continues, we might see the price reaching between $0.00000950 and $0.00001000. 🚀

=> Bearish Outlook: 🐻

- Immediate Support: $0.00000849, $0.00000851

- Major Support: $0.00000840, $0.00000830

- Target: $0.00000800 (previous swing low)

On the flip side, if the price drops below the immediate support levels of $0.00000849 or $0.00000851, it could trigger bearish momentum, potentially testing the major support levels of $0.00000840 and $0.00000830. A continued downtrend might lead the price to the previous swing low of $0.00000800. 📉

Whether you're riding the bullish wave or prepping for a bearish dip, PEPE's current price action offers exciting opportunities. Stay alert, manage your risks, and happy trading! 🐸🚀

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