$PEPE Potential Scenarios
Bearish Scenario:
If the price breaks below the 0.00001943 support, it may continue declining toward the next support level around 0.00001800.
Bullish Scenario:
A reversal may occur if the price climbs above the 21-day EMA. This could lead to a move toward the resistance level at 0.00002229.
Support and Resistance:
The 0.00001943 level is acting as a crucial support zone. This could serve as a potential entry point for short-term traders. However, a break below this level may lead to further declines.
Trading Strategies
Short-Term Traders:
Traders may consider buying near the 0.00001943 support level for a potential rebound, but it’s essential to use stop-loss orders to mitigate risk.
Long-Term Traders:
Waiting for a confirmed breakout above the 21-day EMA might be more prudent before entering long positions.
❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
