$PEPE remains range-bound despite slightly negative daily performance. Its price is approaching a primary multi-week ascending trendline, while deeply oversold hourly stochastic RSI conditions suggest a potential bounce. Flat funding and healthy open interest indicate no strong directional derivatives imbalance. A broader market downturn remains the key risk.
📈 Bias: Neutral / Range Bound | 🎯 Entry: $0.05350–$0.05520 | 🛡 Support: $0.05100 | 🚧 Resistance: $0.06100 | 🎯 Targets: $0.06000 / $0.06400 / $0.06800 | ❌ Invalidation: Close below $0.04950
Strategy: Watch for a confirmed bounce from trendline support before considering a long position. BTC strength remains an important condition.
#PEPE #PepeCoin #MemeCoins #CryptoTrading #BinanceSquare
📈 Bias: Neutral / Range Bound | 🎯 Entry: $0.05350–$0.05520 | 🛡 Support: $0.05100 | 🚧 Resistance: $0.06100 | 🎯 Targets: $0.06000 / $0.06400 / $0.06800 | ❌ Invalidation: Close below $0.04950
Strategy: Watch for a confirmed bounce from trendline support before considering a long position. BTC strength remains an important condition.
#PEPE #PepeCoin #MemeCoins #CryptoTrading #BinanceSquare
