$PEPE short liquidation update:

PEPE Alert: Major Short Liquidation Spotted! 🔥

The market just witnessed a $38.6K short liquidation at $0.0180! This is a clear sign that bullish momentum is growing, as sellers are being forced to exit their positions.

Could this be the start of a major breakout? Let’s dive into the details.

---

Market Insights

1. What Happened? This liquidation indicates that bearish positions have been overwhelmed by strong buying activity, pushing prices higher.

2. Bullish Sentiment Building: Breaking the $0.0180 level shows that bulls are taking control and could drive prices to the next resistance levels.

Next Steps: Plan for Traders

Here’s a simple and effective trading strategy for PEPE:

Buy Zone: Look for entries around $0.0175 - $0.0182. This range offers a safer entry point if there’s a pullback.

Target Levels:

Short-term Target: $0.0192

Medium-term Target: $0.0200

Long-term Target: $0.0220

Stop Loss: To minimize risk, set your stop loss at $0.0170.

---

Why This Matters

Short liquidations of this size often act as a catalyst for further price increases. If PEPE holds above $0.0180, it could gain even more momentum and rally to new highs.

💡 Pro Tip: Keep an eye on trading volume. If volume increases alongside price action, it confirms strong buyer interest.

Also, monitor the broader crypto market for trends that could influence PEPE’s movement.

The bulls are roaring! Stay sharp, trade smart, and seize the opportunity. 🚀

#BinanceLaunchpoolBIO #BinanceAlphaAlert #MicroStrategyInNasdaq100 #ChristmasMarketAnalysis #BTCNextMove