Analysis for $PEPE / $USDT | 1h
- For now, I expect price action to remain choppy within this range unless a key level is swept. If the price sweeps below 0.00000483 and sharply reverses, I would look for a long targeting 0.00000509, then 0.00000513 and 0.00000531.
- If the price runs into resistance around 0.00000513-0.00000515 and stalls, or if momentum remains weak, a short setup targeting 0.00000499 and 0.00000486 is likely.
- If price closes strongly above 0.00000535 (most recent swing high), my bias will flip bullish, and Iโd expect a move toward 0.00000551.
- If price breaks and closes below 0.00000483 (most recent swing low), expect a slide toward 0.00000472 or lower, flipping my bias firmly bearish.
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