🚨$PEPE /USDT: Key Levels to Watch for a Potential Reversal or Continuation 📊🚨
$PEPE is currently trading at $0.00001706, showing a -11.01% decline over the last 24 hours. The price is approaching key support levels, which could indicate a potential reversal or continuation of the trend.
Key Levels to Monitor:
Entry Point: $0.00001700–$0.00001720
Target 1: $0.00001850 (Immediate Resistance)
Target 2: $0.00002000 (Next Resistance Zone)
Stop Loss: $0.00001600 (Critical Support Level)
Trading Strategy:
Range Traders: If $0.00001633 holds as support, look for a bounce back toward $0.00001800–$0.00001900.
Breakout Traders: If the price breaks above $0.00001850, consider targeting $0.00002000 or higher.
Market Outlook:
With 41.36T $PEPE traded in the last 24 hours and a significant volume of 735.28M USDT, the market shows signs of possible continuation if support holds or potential for further decline if $0.00001600 breaks.
🔔 Keep an eye on the support level at $0.00001600 for any signs of a reversal.
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