$PEPE is approaching an important multi-week support zone at $0.00000474. Traders are watching for a possible double-bottom formation, while elevated futures interest increases the potential for sharp moves in either direction. A successful defense could create a recovery opportunity, but losing support may trigger further downside pressure.
📈 Bias: Neutral to Bearish | 🎯 Entry: $0.00000470–$0.00000480 | 🛡 Support: $0.00000474 / $0.00000445 | 🚧 Resistance: $0.00000534 / $0.00000618 | 🎯 Targets: $0.00000534 / $0.00000580 / $0.00000618 | ❌ Invalidation: $0.00000440
Strategy: Wait for double-bottom or support-rejection confirmation before entering.
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