$PEPE

/USDT with target levels and trade momentum insights:

Technical Analysis Summary:

Current Price: 0.00002287

Resistance (R): 0.00002597 (24h high)

Support (S): 0.00001767 (24h low)

Indicators:

Bollinger Bands: Price is near the upper band at 0.00002254, indicating upward momentum.

Parabolic SAR: SAR level is at 0.00002012, supporting an uptrend as long as the price remains above this level.

Given the current momentum and the bullish positioning near the upper Bollinger Band, we can set up a trade with targets based on resistance and potential price expansion.

Trade Signals and Target Levels ๐ŸŽฏ:

Long (Buy) Trade Signal:

Entry Zone: 0.00002250 - 0.00002290

Stop Loss (SL): 0.00002000 (below the SAR level and Bollinger Bandโ€™s lower boundary for protection in case of a downtrend)

Target Levels ๐ŸŽฏ:

1. Target 1 (T1): 0.00002380 - A conservative target just below recent highs.

2. Target 2 (T2): 0.00002500 - Strong resistance area with potential selling pressure.

3. Target 3 (T3): 0.00002650 - Extension level if momentum persists and the pair breaks the 24h high.

Trade Momentum:

Bullish: The current momentum is supported by price action above the Bollinger middle band and SAR level, as well as increased volume. This indicates a strong trend with upward potential as long as the price remains above 0.00002250.

Strategy: If the price reaches T1 quickly, consider securing partial profits and moving the stop loss to breakeven. For longer-term traders, holding towards T2 or T3 may yield higher returns but with a slightly higher risk as profit-taking can occur near these levels.

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