$PEPE /USDT has been on a strong bullish run in recent days, with the price surging over 28% in the last 24 hours. The current price is around $0.00001873. The daily chart shows a clear uptrend with higher highs and higher lows.
Entry Price:
A conservative entry point would be near the current price of $0.00001873, but with a stop loss below the recent swing low.
Take-Profit Targets:
* Target 1: $0.00002001 (near the 24-hour high)
* Target 2: $0.00002100 (a further extension of the uptrend)
* Target 3: $0.00002200 (a more aggressive target, but possible with the current momentum)
Stop Loss:
A stop loss should be placed below the recent swing low, around $0.00001610.
Key Levels to Watch:
* Support: $0.00001805, $0.00001610
* Resistance: $0.00001974, $0.00002001
Cautionary Note:
While the current trend is bullish, it's important to be aware of potential pullbacks or corrections. Traders should watch for signs of stability or a breakout above the recent high.
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