$PEPE Bulls Breakthrough!
A $77.9K short position has been liquidated at $0.0201, signaling strong buying momentum for $PEPE.
The short squeeze hints that bullish forces are regaining control and may drive the price toward critical resistance levels.
Market Dynamics:
This liquidation could act as a launchpad for further upward movement if buyers sustain the pressure.
With shorts getting cleared, volatility may increase, offering trading opportunities in both directions.
Next Steps for $PEPE:
• Upside potential: A clean breakout above $0.0205 could pave the way for a rally toward $0.0212.
• Downside risk: If bulls fail to maintain momentum, a dip to $0.0195 might attract fresh buyers.
Trading Insights:
• For bulls: Focus on buying pullbacks near $0.0198-$0.0200 with targets at $0.0205 and above.
• For bears: Avoid entering until clear rejection at resistance levels; patience is key in this volatile environment.
Stay alert for quick moves—PEPE is showing signs of life!
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