$PEPE Long Liquidation Alert: $7.3894K at $0.01852

PEPE has just seen a major long liquidation of $7.3894K at $0.01852, signaling significant selling pressure. However, this could create an opportunity for a potential reversal if the price finds support and starts to recover.

Key Levels to Watch:

Buy Zone: $0.0175 - $0.0185

Watch for price stabilization in this zone, as a bounce could signal a good buying opportunity.

Targets:

First Target: $0.0200

Second Target: $0.0220

Third Target: $0.0250

Stop Loss: $0.0160

Action Plan:

1. Entry:

Wait for confirmation that PEPE has found support between $0.0175 and $0.0185. Look for signs of price bouncing up or volume increasing.

2. Targets:

$0.0200: First resistance level. Consider taking partial profits here.

$0.0220: Second resistance level, take more profits.

$0.0250: Longer-term target, monitor for a breakout.

3. Stop Loss:

Set your stop loss at $0.0160 to protect against significant losses if the price continues to drop.

Why It Could Be Bullish:

After a liquidation, there’s potential for a rebound if buyers re-enter the market.

If PEPE holds above $0.0185 and shows bullish momentum, it could break through the resistance levels and continue upward.

Final Thoughts:

Monitor for price stabilization and confirmation of upward movement before entering. With the right risk management, PEPE could offer solid gains after the liquidation event.

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