PEPEUSDT

Key Features
Support and Resistance Levels:

Support:
The first support level is marked around 0.0124 (middle blue line).
A deeper support level is identified at 0.0052 (bottom blue line), which represents a historical low area.

Resistance:
The key resistance level is around 0.0265 (top blue line), where the price previously faced rejection.

Current Price Action:
The price is currently trading near 0.0163, which is closer to the middle support zone.
The red and green arrows suggest potential scenarios:
Green Arrow: A bullish move toward resistance at 0.0265 if buyers regain control.
Red Arrow: A bearish move breaking below support at 0.0124, with the next potential target being the lower support at 0.0052.
Trend Overview:

The price experienced a significant rally in 2024, followed by a pullback, and is now consolidating between the middle support and resistance levels.
The overall trend is neutral, with the price stuck in a range.
Potential Scenarios

Bullish Scenario:
If the price bounces from 0.0124 and gains momentum, it may attempt to test the next resistance at 0.0265.
A break above 0.0265 could indicate a continuation of the uptrend, with potential for further upside.

Bearish Scenario:
If the price breaks below 0.0124, it could trigger a sell-off toward the next major support at 0.0052.
This would indicate bearish sentiment and could result in a prolonged downtrend.
Trading Strategy
For Buyers:

Look to buy at 0.0124, the key support zone, if there are signs of a bullish reversal (e.g., bullish candlesticks, volume increase).
Consider adding to positions if the price breaks above the resistance at 0.0265, targeting higher levels.
For Sellers:

Consider selling if the price shows rejection near 0.0265, with a stop loss slightly above.
Look for a short position if the price breaks below 0.0124, targeting the lower support at 0.0052.

Risk Management
Stop Loss:
Buyers: Below 0.0124.
Sellers: Above 0.0265.

Take Profit:
Buyers: Around 0.0265 or higher.
Sellers: Around 0.0124 or 0.0052.