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Liquidation Alert: $PEPE Long Position Liquidated

A $286K long position on $PEPE has been liquidated at $0.0178. This indicates a major shake in market confidence, likely due to heavy selling pressure or a failed breakout attempt.

Current Key Levels:

Support: $0.0165
This is the next critical zone where buyers may step in. If it holds, a bounce could be possible.

Resistance: $0.0185
For the bulls to regain control, the price needs to break above this level with strong momentum.

Suggestions:

1. If you're holding: Monitor closely. A breakdown below $0.0165 could trigger more selling, while a bounce might present an opportunity to exit or add more.

2. For new trades:

Buy: Consider entering only near $0.0165 if the price shows signs of stability (e.g., higher lows or increased volume).

Sell: If $0.0165 breaks, shorting or waiting for lower levels might be the safer option.

Caution:

Keep tight stop-loss levels to manage risk.

Watch for sudden volatility in the coming hours as liquidations often lead to wild price swings.

#BTCNextMove #CorePCESignalsShift #GrayscaleSUITrust #MarketPullback
$PEPE