🐸 $PEPE — Trade Setup
Around 18K leveraged long positions were liquidated near $0.00276, clearing out weaker hands and resetting short-term positioning.
Price has been forming lower highs since the recent spike, showing that momentum has cooled. However, it continues to hold near the 50% retracement level, making this a key decision zone.
📍 Entry Zone: $0.00265 – $0.00272
🎯 TP1: $0.00285
🎯 TP2: $0.00298
🎯 TP3: $0.00315
🛑 Stop Loss: $0.00255
A confirmed breakout above $0.00278 could spark a bullish recovery toward the upside targets. On the other hand, losing $0.00260 would weaken the setup and may lead to a decline toward $0.00245. Keep an eye on volume for confirmation of the next move.
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