🚨$PEPE PEPE/USDT Market Update: Bounce in Progress? 📈

Current Price: 0.00002335 USDT (-2.63%)

24h High: 0.00002413 USDT

24h Low: 0.00002259 USDT

24h Volume: PEPE: 11.62T | USDT: 271.02M

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Market Analysis

1️⃣ Support Bounce: PEPE found support at 0.00002259 USDT and is showing a recovery attempt.

2️⃣ Key Resistance: 0.00002357 USDT remains a crucial short-term barrier. A breakout above this level could trigger further upside momentum.

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Technical Indicators

Volume Surge: Rising volume during the bounce suggests buyers are stepping in to defend the support zone.

MACD: Early signs of a potential bullish crossover; watch for confirmation on the next green candles.

Bollinger Bands: PEPE is near the lower band, signaling a potential reversal if buyers sustain momentum.

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Key Levels to Watch

🔵 Resistance: 0.00002357 → Breakout target: 0.00002450

🔴 Support: 0.00002259 → Failure to hold could see further downside to 0.00002229.

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Trading Strategy

📊 Short-Term Traders:

Entry: On breakout above 0.00002357 USDT.

Stop-Loss: Below 0.00002259 USDT.

Targets: 0.00002450 USDT and 0.00002500 USDT.

❗ Risk Management: Always use stop-loss to protect against volatility.

Stay updated and trade wisely! 🚀

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