The PEPE is showing a bearish trend on the 1-hour chart, with a sequence of lower highs and lower lows.
📉 Current scenario
Price: 0,00000256 USDT
24h High: 0,00000266
24h Low: 0,00000253
The asset has just tested 0,00000253, a region acting as immediate support. There was a small reaction up to 0,00000256, but there is still no reversal confirmation.
🎯 Important levels
🟢 Main support: 0,00000253
🟢 Next support: 0,00000251
🔴 Resistance 1: 0,00000258
🔴 Resistance 2: 0,00000265
🔴 Strong resistance: 0,00000271
💰 Possible LONG entry
I wouldn’t enter right now just because it reached support.
A more interesting entry would be:
➡️ 0,00000253–0,00000255: observation zone
➡️ A confirmation above 0,00000258 could improve the outlook
➡️ Initial target: 0,00000265
➡️ Second target: 0,00000271
🚨 Stop/exit: if it breaks 0,00000253 with strength and closes candles below that region, the support will be compromised.
📌 Summary
➡️ Trend: BEARISH
➡️ Support: 0,00000253
➡️ Resistances: 0,00000258 / 0,00000265 / 0,00000271
➡️ Best strategy: wait for confirmation before buying
➡️ Break of 0,00000253 = watch out for the continuation of the drop
⚠️ PEPE is a high-volatility memecoin. An entry without confirmation can greatly increase risk.
#pepe⚡ #PEPEUSDT #Crip #Trading $PEPE
📉 Current scenario
Price: 0,00000256 USDT
24h High: 0,00000266
24h Low: 0,00000253
The asset has just tested 0,00000253, a region acting as immediate support. There was a small reaction up to 0,00000256, but there is still no reversal confirmation.
🎯 Important levels
🟢 Main support: 0,00000253
🟢 Next support: 0,00000251
🔴 Resistance 1: 0,00000258
🔴 Resistance 2: 0,00000265
🔴 Strong resistance: 0,00000271
💰 Possible LONG entry
I wouldn’t enter right now just because it reached support.
A more interesting entry would be:
➡️ 0,00000253–0,00000255: observation zone
➡️ A confirmation above 0,00000258 could improve the outlook
➡️ Initial target: 0,00000265
➡️ Second target: 0,00000271
🚨 Stop/exit: if it breaks 0,00000253 with strength and closes candles below that region, the support will be compromised.
📌 Summary
➡️ Trend: BEARISH
➡️ Support: 0,00000253
➡️ Resistances: 0,00000258 / 0,00000265 / 0,00000271
➡️ Best strategy: wait for confirmation before buying
➡️ Break of 0,00000253 = watch out for the continuation of the drop
⚠️ PEPE is a high-volatility memecoin. An entry without confirmation can greatly increase risk.
#pepe⚡ #PEPEUSDT #Crip #Trading $PEPE