🚨 $PEPE /USDT ALERT: Price Surge with Key Levels Approaching on the 1-Hour Chart! 🚨
Overview: PEPE/USDT has shown impressive upward momentum, climbing 14.50% and reaching a high of 0.00002597. The price has slightly pulled back to 0.00002148, indicating potential consolidation before the next move.
Current Price: 0.00002148
Entry Price for Trades: Consider entries around 0.00002150, with a focus on capitalizing on possible further upward movement.
Key Levels to Watch:
Resistance Levels:
Resistance 1: 0.00002170 – A break above this could reignite bullish momentum.
Resistance 2: 0.00002500 – Clearing this level could attract more buyers.
Resistance 3: 0.00002597 – Testing this high might signal a continued uptrend.
Support Levels:
Support 1: 0.00001811 – This level is crucial to hold to prevent further declines.
Support 2: 0.00001676 – A fall below here could increase selling pressure.
Take-Profit Targets:
1. Target 1: 0.00002170
2. Target 2: 0.00002500
3. Target 3: 0.00002597
Stop Loss: Place a stop-loss at 0.00001811 to manage downside risk.
Cautionary Note: Traders should keep an eye on the price action near 0.00002170. Holding above this level may lead to further bullish action, while a break below support could signal a pullback. Watch closely for any breakout signals as momentum builds.
