$PEPE /USDT Consolidation Phase: Breakout on the Horizon? š
PEPE is trading at $0.00001816, with a modest 0.50% gain for the day. The price is consolidating after reaching a high of $0.00001844, indicating indecision in the market and potential for the next move.
Trade Setup:
Entry Zone: $0.00001810 - $0.00001820
Target 1: $0.00001835 (immediate resistance)
Target 2: $0.00001850 (breakout potential)
Stop Loss: $0.00001800 (below support)
Watch for an increase in volume and a breakout above $0.00001830 to confirm bullish momentum. Tight risk management is key, as consolidation phases often precede sharp moves. Stay alert for quick developments!