$PEPE Long Liquidation: $114K at $0.0203

A $114K long position on PEPE was liquidated at $0.0203, signaling significant selling pressure in the market.

This event underlines increased volatility, with bulls failing to hold a critical level.

Market Snapshot:

The liquidation suggests waning confidence among buyers, with bears taking control.

Liquidity could thin out further, leading to sharper moves in either direction.

What’s Next for $PEPE ?

• Support Zone: Watch $0.0198-$0.0200; holding this range could stabilize the price.

• Resistance Ahead: A recovery above $0.0210 may signal the potential for a bounce.

A failure to hold support could drag $PEPE toward $0.0195.

Trading Insight:

Risk-takers might consider shorting rallies, targeting breakdown levels.

More cautious traders could wait for a confirmed reversal signal before going long.

Keep a close eye—PEPE’s next move could present sharp opportunities for both bulls and bears!

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