$PEPE /USDT

After a strong 65% rally at the start of the year, PEPE is facing competition from newer memes like PENGUIN. This has led to a 15% drop for PEPE over the last week, but on-chain data shows large whales are still holding their positions, waiting for the next Ethereum-ecosystem pump.

๐Ÿ“ˆ #PEPEUSDT Trade Setup๐Ÿธ

$PEPE is currently trading near $0.00000493, consolidating within a narrow range as buyers and sellers fight for control.

Entry: $0.00000440 โ€“ $0.00000480

Target 1 (TP): $0.00000650 (Immediate resistance / 20-day EMA)

Target 2: $0.00000720

Target 3: $0.00000950

Stop Loss: $0.00000395

๐Ÿ“Š Technical: PEPE is currently trapped in a descending channel. However, the RSI is hovering near 42, suggesting that the asset is approaching "oversold" territory on the 4H chart. A volume spike here could trigger a fast short-squeeze toward the $0.0000065 level.

#PEPEUSDT