TEKT0NIC

$PEPE – Key Levels and Potential Breakout

$PEPE is currently consolidating within well-defined support and resistance zones on the weekly chart, with a trendline providing further support. The recent price action suggests the possibility of a breakout or breakdown depending on how these levels hold.

Key Levels to Watch:

Support Zone: Near 0.00000060 (lower boundary)

Resistance Zone: Near 0.00000120 (upper boundary)

Possible Scenarios:

Bullish Scenario: If $PEPE breaks above the resistance zone near 0.00000120, we could see a retest of previous highs, with targets around 0.00000160 and potentially higher.

Bearish Scenario: A breakdown below the support zone at 0.00000060 could signal a deeper correction, possibly targeting the next support level lower.

📈 Target Levels:

Immediate Resistance: 0.00000120

Immediate Support: 0.00000060

Traders should keep an eye on the price action and volume to identify potential entry points. A confirmed breakout above resistance or breakdown below support will provide further clues on the next direction for $PEPE.

💡 Actionable Levels:

Buy Entry: If the price breaks above resistance (~0.00000120).

Sell Entry/Short: If the price breaks below support (~0.00000060).

Keep your strategy clear and trade according to the market structure!

#PEPE #Macro Insights# #Altcoin Season# #Bullish