PEPE/USDT Update - Recovering After Dump 📉📈
PEPE had a sharp fall from 0.00000429 to 0.00000364 where panic selling was seen. The low at 0.00000364 acted as strong support and buyers stepped in with two consecutive green candles.
Currently PEPE is consolidating around 0.00000403 with -0.25% change, showing indecision in the market. The immediate resistance is at 0.00000429 which was the previous high, and support remains at 0.00000364.
My view is not to chase green candles. I am waiting for a retest around 0.00000385-0.00000390 zone. I will keep position size small and use a tight stop loss below 0.00000360 to manage risk. Target zones could be 0.00000429 and 0.00000433 if recovery continues.
This is only for educational purposes and not financial advice. Meme coins are highly volatile, so always do your own research and manage risk properly.
What is your view on $PEPE 's next move?
$BTC $ETH
#Write2Earn #PEPEUSDT #CryptoAnalysis #pepe
PEPE had a sharp fall from 0.00000429 to 0.00000364 where panic selling was seen. The low at 0.00000364 acted as strong support and buyers stepped in with two consecutive green candles.
Currently PEPE is consolidating around 0.00000403 with -0.25% change, showing indecision in the market. The immediate resistance is at 0.00000429 which was the previous high, and support remains at 0.00000364.
My view is not to chase green candles. I am waiting for a retest around 0.00000385-0.00000390 zone. I will keep position size small and use a tight stop loss below 0.00000360 to manage risk. Target zones could be 0.00000429 and 0.00000433 if recovery continues.
This is only for educational purposes and not financial advice. Meme coins are highly volatile, so always do your own research and manage risk properly.
What is your view on $PEPE 's next move?
$BTC $ETH
#Write2Earn #PEPEUSDT #CryptoAnalysis #pepe