$PEPE is currently in a consolidation phase, holding support at $0.00001750 and facing resistance at $0.00001800. A breakout above this resistance could drive the price toward $0.00001900 and $0.00002000. However, if resistance holds, the price may retest $0.00001700 or lower. The trend remains neutral-to-bullish, with the potential for further gains if key support levels hold.
Key Levels to Watch:
Support: $0.00001750 (critical for maintaining a bullish outlook)
Resistance: $0.00001800 (a breakout could push the price toward $0.00001900 and $0.00002000)
Entry Strategy:
Bullish Scenario: A confirmed breakout above $0.00001800 with strong volume could lead to a move toward $0.00001900 and $0.00002000.
Bearish Scenario: A drop below $0.00001750 may trigger a pullback to $0.00001700 or $0.00001650.
Technical Indicators:
The RSI is neutral, indicating balanced market conditions. A breakout above resistance with increasing volume would confirm bullish momentum.
Outlook: $PEPE is at a critical point. A break above $0.00001800 could lead to further upside, targeting $0.00001900 and $0.00002000. Keep an eye on volume and support levels for confirmation.
