$PEPE Market Alert

A long position worth $5,983.7 was liquidated at $0.00002697, signaling growing bearish pressure as long traders are forced out.

This could be the start of a potential downturn if selling pressure continues.

What’s Happening?

With long positions being cleared, $PEPE might experience further downward movement.

If the market sentiment remains negative, more selling could follow.

Key Levels to Watch:

• Support: $0.0000265 – A crucial level to hold. If the price falls below this, further downside toward $0.0000260 may follow.

• Resistance: $0.0000275 – If $PEPE breaks above this, it could indicate that buyers are regaining control.

Suggested Strategy:

• For Shorts: If PEPE fails to reclaim $0.0000275, consider shorting with a target around $0.0000265 or lower.

• For Caution: Watch for a break below $0.0000265, as that could lead to a further dip.

Keep stop-losses tight and monitor for any shifts in volume and market sentiment.

Avoid chasing the market until there is confirmation of direction.

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