$PEPE /USDT is consolidating tightly around a critical Gann fan level near 0.0000120. This zone will likely decide the next big move.
๐ Bullish Scenario
A clean breakout and daily close above 0.0000120 could trigger strong upside momentum.
Key targets on continuation:
0.0000155 โ 0.0000160 (intermediate resistance)
0.0000185 โ 0.0000190 (upper trendline)
0.0000230 โ 0.0000235 (major Gann resistance, breakout zone)
Volume confirmation will be crucial to validate the move.
๐ Bearish Scenario
Failure to hold above the fan midline may lead to a pullback.
Key downside supports:
0.0000090 (first support)
0.0000070 โ 0.0000060 (major support + accumulation zone)
Losing these levels could extend the bearish cycle further.
๐ Technical Notes
Price is currently โcompressedโ between fan lines โ a breakout is imminent.
Long consolidation suggests the next move could be explosive.
Risk management is key: traders should watch both sides of the setup.
โก Summary
Make-or-break level: 0.0000120
Upside breakout: 0.0000230 in play
Downside rejection: 0.0000070โ0.0000060 retest
PEPE is at a turning point. Are the bulls ready to step in, or will bears take control?