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$PEPE Bearish Pressure with Potential for Reversal at Support🔥💯📈🎯

The summary of $PEPE

/USDT trading data:

Current Price: $0.00001728

Price Change (24h): -10.14%

24h High: $0.00001972

24h Low: $0.00001653

24h Volume (PEPE): 44.33T PEPE

24h Volume (USDT): 802.54M USDT

Current Timeframe: 30m (Down by 0.23%)

Key Levels:

Support (Potential Entry Zone): $0.0000165 - $0.0000167 (near 24h low and support zone)

Resistance (Potential Exit Zone): $0.000019 - $0.000020 (near 24h high and resistance zone)

Entry Strategy:

Long Entry: A long position could be considered if the price holds above $0.0000165 and begins showing signs of a reversal. Look for a break above $0.0000175 to confirm a move toward the resistance zone near $0.000019 - $0.000020.

Exit Strategy:

Profit Target (Exit): Aim for a profit-taking zone around $0.000019 - $0.000020, where the price is likely to encounter resistance. If momentum continues, consider adjusting targets to higher resistance levels.

Stop-Loss: Place a stop-loss below $0.000016 to manage downside risk, ideally around $0.000015.

Sentiment:

Bearish Short-Term: The 10.14% drop in the last 24 hours reflects bearish sentiment, likely driven by profit-taking or selling pressure.

Potential Reversal: The current price near the support zone suggests a possible reversal if the price holds and begins showing signs of upward momentum.

PEPE is highly volatile and currently under pressure, so closely monitor price action around the support levels for any signs of a rebound.

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