PEPE#memecoins🐸 🔥🔥 UPDATE!! 🔥🔥
In the previous post about #PEPE, it was mentioned that a break above the 1510 level would push the price into the green zone (as shown in the chart). From there, it was expected to fall to the 1300 area, which indeed happened (see previous post on PEPE).
Currently, the green zone has acted as both support and resistance over the past few days. Currently, PEPE coin is in this green zone, so you should wait for a breakout before entering your position.
If it breaks above, you can hold a LONG position, but pay attention to the 1510 and 1565-1575 zones (as explained in the previous post).
Also, if it fails to break through and turns back (as it is now a resistance zone), you can take a SHORT POSITION. Pay attention to the 1360-1380 zone. If it breaks again, it could head towards the 1300 level.
Hold your position now, buy or sell (preferably soon) and wait for a retest.
Miss:
- Set your stop loss (SL) according to the information provided.
- Always do your own research.
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