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$PEPE /USDT Price Action & Trade Setup 🚀
🔍 Current Price: 0.00000711 (+8.38%)
📊 24H Range: 0.00000631 - 0.00000745
📈 Market Sentiment: Bullish in short term, caution advised ✅
Market Overview:
$PEPE /USDT is showing strong upward momentum, gaining +6.60% today and maintaining a higher low structure on the 1-hour chart. The price is currently testing resistance near 0.00000745, which, if broken, could lead to further upside.
However, zooming out, the 30-day (-26.78%) and 90-day (-70.73%) trends still indicate a long-term bearish cycle. Bulls need to maintain buying pressure to confirm a true reversal.
Bullish or Bearish?
Short-term: Bullish ✅
Mid-term: Neutral to Slightly Bearish ⚠️
Long-term: Bearish unless key breakouts occur ❌
Trade Ideas:
🔹 Long Trade Setup: (For Bullish Traders)
📍 Entry: 0.00000700 - 0.00000710
🎯 Target 1: 0.00000750
🎯 Target 2: 0.00000800
🛑 Stop Loss: 0.00000680
🔎 Reason: Strong bullish momentum, higher lows forming
🔹 Short Trade Setup: (For Bearish Traders)
📍 Entry: 0.00000740 - 0.00000750
🎯 Target 1: 0.00000700
🎯 Target 2: 0.00000650
🛑 Stop Loss: 0.00000760
🔎 Reason: Resistance at 0.00000750, possible rejection
Predictions & Key Levels:
✅ Bullish Breakout Above: 0.00000750 → Possible rally to 0.00000850+
❌ Bearish Breakdown Below: 0.00000680 → Could drop to 0.00000620 - 0.00000600
🔥 Conclusion: PEPE/USDT is currently bullish in the short term, but long-term trends are still bearish. A break above 0.00000750 could signal further upside, while failure to hold support near 0.00000700 may trigger a retracement.
📊 What’s your trade? Long or Short? Drop your thoughts below! ⬇️
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