🐸 $PEPE : Bullish Break or Bearish Drift?
Market data shows mixed momentum for $PEPE right now — but technical structure suggests a bullish edge if key levels hold:
📈 Bullish Bias Setup
Primary Entry: ~0.0000045–0.0000047 (support zone)
Breakout Trigger: >0.0000050–0.0000052 — confirms strength
Upside Targets: 0.0000055 → 0.0000065+ if breakout sustains
📉 Bearish Risk
Invalidation Zone: <0.0000040 — loss of structure could open deeper correction
Technical momentum recently showed neutral to slightly bearish signals on daily indicators.
🎯 What It Means
The short‑term direction hinges on whether $$PEPE an clear ~0.0000050 on volume. Above it, expect buyers to re‑test higher zones; below ~0.0000040, bears dominate. This range‑based dynamic reflects meme coin volatility rather than strong fundamentals — so risk management matters.
My Opinion: Lean bullish above the breakout zone with tight stops; beware of false breakouts in low‑liquidity moves.