$PEPE /USDC SHOWING BULLISH CONSOLIDATION WITH POTENTIAL UPSIDE MOVE 🚀🐸
Market Insight:
$PEPE /USDC is trading around 0.04434 (+2.40%), showing resilience above the key 0.0440 support zone. The order book reflects steady buying interest, with bids clustered between 0.04377 – 0.0440, creating a strong demand base. On the upside, immediate resistance is seen at 0.04478, where sellers are positioned.
Technical Outlook:
Support Zone: 0.04370 – 0.04400 (buyers actively defending)
Resistance Zone: 0.04478 – 0.04520 (potential breakout level)
Momentum: Slightly bullish, as higher bids indicate accumulation.
Volume Action: Healthy buying pressure suggests demand outweighs supply in the short term.
Market Next:
If
$PEPE /USDC sustains above 0.0440, it may attempt a breakout toward 0.0450+, signaling continuation of bullish momentum. However, a drop below 0.0437 could invite short-term correction back to 0.0432.
📌 Bias: Bullish above 0.0440 | Cautious below 0.0437
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