$PEPE /USDT Update – Consolidation Zone with Downside Risks
Current Price: $0.00001856 (-1.17%)
$PEPE/USDT is trading in a consolidation zone after hitting a high of $0.00001954 in the past 24 hours. The price is below its MA(7): $0.00001861 and MA(25): $0.00001885, suggesting bearish sentiment in the short term.
Entry Suggestion:
Long Entry: $0.00001830–$0.00001850 on strong support confirmation.
Targets:
Upside Target: $0.00001900
Next Target: $0.00001950
Stop Loss:
Place a stop loss below $0.00001780 to manage risk.
Market Outlook:
PEPE/USDT shows signs of struggling at current levels, and traders should watch for increased volume and bullish candles to confirm upward momentum. A breakdown below $0.00001800 could lead to further downside towards $0.00001730.
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