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Bullish
To follow the PEPE/USDT movement directly, here is the step-by-step action plan:
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1. Monitor immediate support and resistance levels:
Current support: 0.00001640
Nearby resistance: 0.00001790 and 0.00001850
If the price breaks the support level of 0.00001640, it may fall further, so you should stick to the stop loss.
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2. Entry and exit signals:
Wait for a clear reversal candle (such as a doji or a strong bullish candle) to confirm the entry at the support level.
If the first resistance at 0.00001790 is exceeded, continue with the second target at 0.00001850.
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3. Monitor technical indicators:
RSI:
If the RSI starts approaching the 70+ area, watch for the possibility of overbought conditions.
MACD:
Make sure the positive crossover is still ongoing with increasing histogram bars.
Volume:
If you see a clear increase in trading volume with bullish candles, this supports the possibility of an uptrend.
---
1. Monitor immediate support and resistance levels:
Current support: 0.00001640
Nearby resistance: 0.00001790 and 0.00001850
If the price breaks the support level of 0.00001640, it may fall further, so you should stick to the stop loss.
---
2. Entry and exit signals:
Wait for a clear reversal candle (such as a doji or a strong bullish candle) to confirm the entry at the support level.
If the first resistance at 0.00001790 is exceeded, continue with the second target at 0.00001850.
---
3. Monitor technical indicators:
RSI:
If the RSI starts approaching the 70+ area, watch for the possibility of overbought conditions.
MACD:
Make sure the positive crossover is still ongoing with increasing histogram bars.
Volume:
If you see a clear increase in trading volume with bullish candles, this supports the possibility of an uptrend.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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