PEPE Price Struggles Near Key Resistance 📈
$PEPE is currently navigating a tight range, with critical support and resistance levels shaping its next move. As traders weigh their options, understanding these key levels is essential for making informed decisions.
🔍 Current Highlights:
- Resistance at $0.00001053: A crucial level that has been tested multiple times. Will it break through?
- Support Levels: Watch for potential entry points at $0.00001046, $0.00001038, and $0.00001033 if selling pressure increases.
- Technical Signals: Mixed indicators suggest caution, with a bearish MACD divergence and a neutral RSI.
💡 Trading Strategies:
- Long Positions: Consider entering near $0.00001046 with a stop-loss below $0.00001038.
- Short Positions: Ideal entry at $0.00001053 if resistance holds, with profit targets at $0.00001046 and $0.00001038.#PEPE #Memecoins