Massive Liquidation Alert!
🔹 $PEPE Short Liquidated: $52.7K
🔹 Price Level: $0.0202
This significant short liquidation shows that the market is shifting, and short-sellers are getting caught in a sharp rally.
Expect the price to move quickly as positions are closed and the market reacts.
What’s Next for $PEPE ?
Bullish Momentum?
If $0.0202 holds as support, PEPE might continue to rise, possibly targeting $0.0210 or higher.
A continued squeeze could push the price further up.
Bearish Reversal?
If the price drops below $0.0202, there could be a pullback to lower levels, such as $0.0195 or $0.0190, if the rally fizzles out.
Key Strategy:
For short-term traders:
Consider jumping in if the price stays above $0.0202, but watch for potential resistance near $0.0210.
Long-term holders:
If the price continues to rise, it could signal a strong upward trend, making this a potential opportunity to hold.
The market is heating up – PEPE could move fast from here!
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