🚀🐸 Get Ready for Some Froggy Trading Action! 🐸🚀
Hey everyone!
I'm diving into the exciting world of trading, and I've got some insights to share for both beginners and experts alike. Let's talk about #PEPE and the chart patterns I've been eyeing.
Check out the chart – I've identified some crucial resistance and support lines. That white line? It's like a rock-solid foundation, and once the price hops above it, there's no looking back. Speaking of today, we're seeing #PEPE bouncing between .0770 and .0902.
Here's my game plan: I'm patiently waiting for that confirmation candle, accompanied by a surge in green volume above the resistance at .0786. When that happens, I'm diving in, with a stop loss at .0720. My initial take profit? Snagging 20% at .0851, just below that resistance line at .0855. Then, I'm aiming for .0899, nabbing 50% of my investment, followed by 20% at .0939, and the final 10% at .0989.
Why this strategy? Well, #PEPE has been comfortably chilling in this range for a while now, making it ripe for some profit-taking, even without massive swings.
So, what do you think? Is my strategy on point or am I hopping into a pond of mistakes? If you found these tips helpful, follow me. Your support keeps the trading vibes flowing and fuels more top-notch content!
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