$1000PEPE
Based on the analysis of this chart, here are the recommended entry buy and stop-loss (SL):
1. Entry Buy:
Entry buy can be made when the price pulls back to the support level near the MA7 or MA25, which is around 0.0098 - 0.010. This area is likely to become support if the bullish trend continues.
Alternatively, you can wait for a breakout confirmation above 0.0115 (the recent high level). If the price successfully breaks this level with strong volume, it could be a stronger bullish signal.
2. Stop-Loss (SL):
Place the SL below the nearest support level or recent low, around 0.0077. This will limit the risk in case of a significant price reversal.
Another option is to place the SL around 3-5% below the entry level to anticipate volatility.
Note: Monitor the RSI and MACD indicators during this period. If the RSI remains in the overbought zone or the MACD shows bearish signals (such as the MACD line crossing below the signal line), be cautious of potential price declines.