Strategic Entry Points
Optimal Accumulation Zone ($0.00000400 – $0.00000409): This is considered the strongest immediate support zone. Analysts suggest that conservative investors should wait for a pullback into this range before establishing long positions.
Secondary Support ($0.00000360 – $0.00000375): If the primary support fails, the next major "demand zone" where buyers have historically stepped in is between $0.00000360 and $0.00000375.
Breakout Entry ($0.00000520+): For momentum traders, a confirmed break and hold above the immediate resistance at $0.00000520 signals a potential recovery toward the $0.00000650 target.
Technical Setup
Relative Strength Index (RSI): Currently neutral at 40.79, suggesting the asset is not yet oversold but is losing bullish steam, favoring a "wait-and-see" approach for better entry prices.
Moving Averages: The price is trading below the 50-day and 200-day EMAs, indicating a prevailing bearish structure in the short-to-medium term.
On-Chain Activity: Despite the price drop, whale accumulation has been noted since February 11, with large holders adding over 11.8 billion PEPE during recent dips, which may provide a floor near current levels. $PEPE
Risk Management!
Stop-Loss: Recommended placement is below $0.00000400 or just beneath the local low of $0.00000360 to protect against a deeper market correction.
Take-Profit Targets: Immediate resistance at $0.00000520, followed by a medium-term target of $0.00000650 if a breakout occurs. #Write2Earn