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$PEPE (Pepe) Technical Analysis: Consolidating with Bullish Bias 🐸
Entry Zone: $0.00000348 – $0.00000355
Bullish Above: $0.00000365
Target 1 (TP1): $0.00000375
Target 2 (TP2): $0.00000390
Target 3 (TP3): $0.00000410+
Stop Loss (SL): $0.00000335
$PEPE is currently displaying a resilient consolidation pattern on the 4H chart, trading at $0.00000358 with a daily gain of +2.29%. After testing a 24h low of $0.00000344, the price has formed a steady base and is now pushing back toward its recent local resistance levels. The 24h high sits at $0.00000365, which remains the immediate hurdle for a fresh breakout.
The 24h trading volume is massive at 8.07T PEPE, which amounts to approximately $28.42M USDT. This high level of liquidity suggests that the "Meme" sector remains a hot bed for retail activity. For the bullish momentum to accelerate, $PEPE needs to clear and hold above $0.00000365; failure to maintain the current support could lead to a retest of the $0.00000340 zone.
#PEPE #AaveDAOApproves$25MGrant