$PEPE Short Liquidation Spikes to $60.2K at $0.000173 !
A massive $60,200 worth of shorts were liquidated at $0.000173, reflecting strong bullish action.
Buyers are overpowering the bears, driving the market upward with confidence. This move hints at a potential breakout.
Crucial Price Zones
• Resistance: $0.000180 – Breaking this zone could push prices into a new upward trend.
• Support: $0.000165 – Buyers are expected to defend this level firmly on any pullback.
Next Steps for $PEPE
If momentum continues, PEPE could challenge the resistance at $0.000180 and rally higher.
However, a failure to hold above $0.000170 might lead to a temporary retracement before another move.
Trading Strategy
• Buy Entry: $0.000168 - $0.000172 (Target: $0.000180, Stop Loss: $0.000165)
• Sell Entry: $0.000181 - $0.000185 (Target: $0.000172, Stop Loss: $0.000186)
Stay alert for any sudden shifts and always use stop-loss to minimize risk.
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