$PEPE /USDT is currently trading at 0.00000904 USDT, pulling back from recent highs. Key levels include a strong support at 0.00000843 USDT and immediate resistance at 0.00000954 USDT, suggesting a crucial moment for this pair. The chart points to potential volatility, so traders should watch closely for any decisive moves.
Entry Strategies
Long Position: If $PEPE breaks above the 0.00000954 USDT resistance, consider an entry at 0.00000960 USDT. Potential targets to aim for are 0.00000982 USDT, 0.00001005 USDT, and an extended target of 0.00001014 USDT. Setting a stop loss at 0.00000920 USDT is advisable to manage downside risk.
Short Position: For those expecting a decline, a short entry around 0.00000900 USDT may be favorable if the price struggles to stay above resistance. Target levels to consider are 0.00000860 USDT, 0.00000843 USDT, and a further target at 0.00000834 USDT. A stop loss at 0.00000930 USDT can help manage risk.
With the market at a critical juncture, be ready for potential movement – could see a breakout above resistance or a dip if support fails. Keep these levels in focus and stay prepared!
