Just opened a long position on $PEPE right at this important support zone.

We are at a major support level with clear oversold indicators, and the market cap is just holding above $2B. The chart actually looks pretty decent here.
Here’s the thing: if this level doesn’t hold and we don’t get a bounce, we’ll drop below $1B . That would be really crazy for PEPE.
In terms of risk-reward ratio, this is a reasonable entry point. Either we catch a reversal here, or we prepare for a much deeper drop.