🔔 1000PEPE/USDT SIGNAL 🎯
◻️ Technical Analysis:
1. Support and Resistance Levels:
• Strong support level: 0.0000907
• Strong resistance level: 0.0001725 - 0.0001754
2. Technical Indicators:
• MACD: Showing a negative crossover, indicating a potential short-term price decrease, but the histogram shows low selling pressure, which may indicate an upcoming trend reversal.
• Stochastic RSI: In the oversold zone, indicating a potential upward rebound soon.
3. Liquidation Heatmap:
• Support level: Around 0.010, indicated as a point of low liquidation activity on the map.
• First resistance level: Around 0.012, indicated as a high liquidation point.
• Second resistance level: Around 0.014, as a medium liquidation point.
• Third resistance level: Between 0.016 and 0.018, as a very high liquidation point.
◻️ Trading Strategy:
1. Entry Points:
• Enter at the strong support level: 0.0000907
• Enter upon breakout above 0.0001100 to confirm the upward trend.
2. Exit Points:
• Exit at the strong resistance level: 0.0001725 - 0.0001754
• Exit if the price fails to maintain the support level at 0.0000907.
3. Stop Loss:
• Set a stop loss at 0.0000850 to minimize losses in case of a trend reversal.
◻️ Expectations:
• Upward Trend: If the price breaks above 0.0001100, it may target the resistance levels between 0.0001725 and 0.0001754.
• Downward Trend: If the price fails to maintain the support level at 0.0000907, it may move towards lower levels.
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Currency selected by@Aracelis Greenbaum DuOY
