$PEPE /USDT Analysis โ Bullish and Bearish Trading signal๐ถ
Bullish Perspective
Key Support Zone: $0.00001850 - $0.00001855
Resistance Level: $0.00001890
Trading Idea: If the price holds above $0.00001850 and breaks $0.00001870 with strong volume, consider a long position with the following:
Entry: $0.00001855 - $0.00001870
Targets:
1. $0.00001885
2. $0.00001903
Stop Loss: Below $0.00001840
Observation: Strong bullish momentum is likely if the price surpasses $0.00001870, supported by a breakout confirmation.
Bearish Perspective
Resistance Zone: $0.00001870 - $0.00001875
Support Level: $0.00001840
Trading Idea: If the price gets rejected near $0.00001870 and breaks below $0.00001850, consider a short position with the following:
Entry: $0.00001850 - $0.00001845
Targets:
1. $0.00001835
2. $0.00001820
Stop Loss: Above $0.00001875
Observation: A bearish continuation could unfold if the price fails to hold the $0.00001850 support level.
Pro Tip: Wait for confirmed breakouts or rejections near key levels before entering trades. Use tight stop losses to manage risk effectively.
