1. General analysis $PEPE
The chart shows that the price is moving along an upward trend line.
A resistance area is visible at approximately 0.02430 USDT (the "resistance 1H" zone).
The support zone, located in the range of 0.01779 USDT, is highlighted below.
The current price is near the support zone, which could be an interesting area to open a long position if there is confirmation of a rebound.
2. Entry point
Long entry (buy)
Consider entry in the 0.01780-0.01800 USDT range if price holds on the trendline.
An additional signal may be the formation of a bullish candle or growth volumes.
Stop loss
Set just below the support level, for example 0.01670 USDT, to limit losses in case of a breakout.
3. Price ranges for limit orders
Long
Buy Limit Order: 0.01780–0.01800 USDT.
Take profits
1. First 0.02000 USDT.
2. Second 0.02150 USDT.
3. Final 0.02400 USDT (resistance zone).
Recommendations
1. Make sure the signal is confirmed (candlestick patterns or indicators such as RSI, MACD).
2. Watch the volumes - if the volumes are growing in the support zone, this confirms the interest of buyers.
3. Don't forget about risk management (no more than 1-2% of the deposit at risk per transaction). Profit to all!