$1000PEPE – Demand Emerging at MA25 Support: Anticipating a Bullish Bounce

Long $1000PEPE

Entry: 0.00645 – 0.00655

SL: 0.00615

TP: 0.0068 – 0.0071 – 0.0075

1000PEPE has undergone a brief retracement after hitting the 0.00688 local peak. The current candlestick structure shows a positive reaction right at the MA25 support band, characterized by small-bodied consolidation candles and emerging lower wicks. This indicates that buyers are stepping in to defend this level and halt the downward slide. Since the price remains well above the long-term MA99, the overall bullish structure is still intact. I expect 1000PEPE to regain momentum shortly and retest the 0.0068 resistance zone in the upcoming sessions.

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