๐ $PEPE /USDT Technical Analysis Report ๐
Current Price: $0.00002336
24H High: $0.00002462 | 24H Low: $0.00002290
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๐ข Long Trade Setup:
Entry Zone: $0.00002340 โ $0.00002360
Target 1: $0.00002450
Target 2: $0.00002550
Stop Loss: $0.00002290
Reasoning:
The price is testing support near $0.00002330 with slight upward momentum. A break above $0.00002360 could signal bullish continuation towards resistance levels at $0.00002450 and $0.00002550.
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๐ด Short Trade Setup:
Entry Zone: $0.00002320 โ $0.00002300
Target 1: $0.00002250
Target 2: $0.00002200
Stop Loss: $0.00002370
Reasoning:
If PEPE fails to hold above $0.00002300, it may drop further to test the next support levels at $0.00002250 and $0.00002200. Watch for volume confirmation and rejection signals.
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๐ Key Levels to Watch:
Resistance: $0.00002450 | $0.00002550
Support: $0.00002300 | $0.00002200
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๐ฎ Prediction:
A bullish breakout above $0.00002360 could push PEPE to retest $0.00002450 and higher resistances.
Conversely, a break below $0.00002300 may result in a retest of the lower support at $0.00002200.
โ ๏ธ Risk Management Tip: Use tight stop-losses to protect trades and monitor for breakout confirmations on higher volume.
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