Buying Area - 150 - 155 :- Currently, the pepe/USDT pair is consolidating within the buying area of 145-150 , representing a significant support zone. This zone has previously demonstrated robust buying pressure. However price can fakeout till 133 levels to grab liquidity from short sellers for further upmove. Traders are advised to closely monitor this area for potential long positions, as it presents an attractive risk-reward ratio.
Price Targets - 205-210:- Upon a successful bounce from the aforementioned buying area, we expect pepe/USDT to gain bullish momentum and surge towards two significant price targets of 205-210. Traders are encouraged to set profit-taking levels accordingly, as these targets offer potential opportunities for capitalizing on the anticipated bullish move.
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