**PEPE/USDT - Bullish Breakout, But Key Resistance Ahead! đ**
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PEPE is currently trading at $0.000001087 after a strong move up but is now facing important resistance levels.
**Key Points:**
- **Bullish OBs**: Key buying zones between $0.000000736 and $0.000000756 have helped the price rise.
- **Bearish OB**: Resistance may occur near $0.000001102 - $0.000001136, where sellers could step in.
- **Trendline Support**: The upward trendline is holding, indicating that buyers (bulls) are still in control.
**Long Setup**:
- **Entry for Long**: Consider buying around $0.000001075 - $0.000001087, close to support levels and the trendline.
- **Take Profit Targets for Long**:
1. **TP1**: $0.000001102 â First resistance level near the Bearish OB.
2. **TP2**: $0.000001136 â Higher resistance.
3. **TP3**: $0.000001200 â Possible target if the rally continues.
- **Stop Loss for Long**: Place your stop loss below $0.000001050 to protect against losses if the price drops.
**Short Setup (If Rejection Happens)**:
- **Entry for Short**: Consider selling around $0.000001100 - $0.000001130 if the price gets rejected at resistance.
- **Take Profit Targets for Short**:
1. **TP1**: $0.000001050 â First support zone.
2. **TP2**: $0.000000950 â Deeper target if selling increases.
3. **TP3**: $0.000000850 â Lower target if the price drops further.
- **Stop Loss for Short**: Place your stop loss above $0.000001150 to limit risk in case of a bullish breakout.
**Whatâs Next?**
PEPE is approaching key resistance levels. If it breaks above $0.000001136, a larger rally could happen. But if it gets rejected, expect a pullback to $0.000001050 or lower.
**Pro Tip**: Keep an eye on the $0.000001100 levelâif thereâs a spike in buying volume, it might signal a breakout; otherwise, a rejection could offer a good chance for a short position. Be ready to adjust and manage your risk carefully!
