$PEPE /USDT Analysis: Strong Support with Bullish Rebound Potential!🔥💯
1. Current Price: 0.00002378
2. Support: Strong support observed near 0.00002350.
3. Resistance: Short-term resistance at 0.00002400 and next major resistance at 0.00002472.
Long Entry Strategy:
• Entry: Buy near 0.00002350–0.00002360 for a rebound.
• Target: 0.00002400 (short-term) and 0.00002470 (long-term).
• Stop Loss: Set stop loss at 0.00002320 to protect capital.
Short-Term Analysis: The chart shows a Bullish Flag Pattern with consolidation (orange zone), indicating a potential breakout.
Market Move: If bulls hold above 0.00002350, expect an upward rally towards 0.00002472. Failure to hold support may trigger a minor retracement.
Outlook: Market remains bullish as long as support holds. Traders should watch for a volume breakout above resistance for confirmation.