🚨 $PEPE /USDT WARNING: HIGH VOLATILITY ALERT! 🚨
PEPE is trading at 0.00002335, down 5.08%, indicating significant selling pressure. The price action suggests potential for either a reversal or continuation of the downtrend.
Critical Levels to Watch
Resistance: 0.00002460 – Breaking above this level could signal recovery, targeting 0.00002500 and 0.00002540.
Support: 0.00002300 – Losing this level might lead to further declines toward 0.00002260 and 0.00002220.
Trade Setup
Long Entry: Above 0.00002400, aiming for 0.00002460 and 0.00002500.
Short Entry: Below 0.00002300, targeting 0.00002260 and 0.00002220.
⚠️ Risk Management: Place stop-loss at 0.00002320 to minimize risk. Monitor volume closely for confirmation of moves.