🚨 $PEPE Price Update: Big Move Incoming? 🚨
$PEPE is currently trading at $0.00002188, up 6.84%, with a 24-hour high of $0.00002333 and a low of $0.00002006. The price has shown strong bullish momentum but is now retracing from its peak. Here’s what to watch:
Key Levels to Watch
Resistance Targets
1️⃣ $0.00002333 – A breakout above this recent high could reignite bullish momentum, with buyers aiming for the next resistance level.
2️⃣ $0.00002400 – This target represents a significant hurdle. A strong move above this point may confirm the continuation of the upward trend.
3️⃣ $0.00002550 – The ultimate short-term target. Reaching this level would indicate strong market confidence and could attract fresh buying interest.
Support Levels
📉 $0.00002140 – Immediate support zone. If breached, PEPE could see a deeper retracement.
📉 $0.00002000 – Critical support level. A drop below this could invite stronger selling pressure.
Technical Overview
Momentum: PEPE remains in a bullish zone but is showing signs of consolidation after hitting resistance.
Volume: The 24-hour volume of 38.23T PEPE indicates active market participation, which could lead to heightened volatility.
Trend: The short-term trend is bullish as long as PEPE holds above $0.00002140.
Trade Plan
📈 Long Entry: Buy above $0.00002333, targeting $0.00002400 and $0.00002550. Place a stop-loss below $0.00002140.
📉 Short Entry: Enter below $0.00002140, targeting $0.00002000 and lower levels. Set a stop-loss above $0.00002333.
🚨 Note: As PEPE trades near key levels, watch for breakout or retracement signals and use tight risk management.