$PEPE Long Liquidation Alert
Liquidation Amount: $6,630.5
Liquidation Price: $0.01552
$PEPE just faced a significant long liquidation, highlighting increased selling pressure and market uncertainty.
This liquidation event could set the tone for the next big move in this highly speculative asset.
Key Market Details
1. Resistance Alert: $0.01552 is now a critical resistance level. Any failure to reclaim this price could invite further selling.
2. Support Zones: Immediate support is seen near $0.01500. If this level breaks, the next target could be $0.01450.
3. Volatility Warning: Low-cap tokens like $PEPE are prone to sharp, unpredictable moves. Be prepared for high volatility.
Next Move Strategy
For Bulls: Wait for a clear breakout above $0.01552 before considering entries. Look for volume confirmation to avoid fakeouts.
For Bears: A breakdown below $0.01500 could open short opportunities with targets at $0.01450 or lower. Use tight stop-losses to protect your position.
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