🚨 PEPE/USDT Analysis: Bullish Trend with Key Resistance 🚨
PEPE is showing a strong bullish trend, but it's essential to recognize signs of potential overextension. Here's a quick analysis and trading strategy:
Resistance Level: 📈 Key resistance at 0.00001432.
Pullback Zone: 🔄 Ideal entry near the pullback zone indicated on the chart.
Support Levels: 🛡️ First support at mVAH (0.00001021).
Trading Strategy:
Long Position: Consider entering near the pullback zone for a safer entry.
Stop-Loss: Place below mVAH to minimize risk.
Profit Target: Aim for a breakout above 0.00001432 for significant gains.
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