$PEPE Short Liquidation Alert: $12.508K at $0.02061 đ
$PEPE just experienced a short liquidation at $0.02061, signaling a potential bullish breakout as short positions are squeezed, driving buying momentum.
đ„ Whatâs Next?
1ïžâŁ Buy Zone:
Enter trades around $0.02000 - $0.02050 on dips for a safe entry point.
2ïžâŁ Targets đŻ:
Target 1: $0.02200 â Initial resistance zone.
Target 2: $0.02450 â Strong breakout level.
Target 3: $0.02700 â Extended target for a sustained rally.
3ïžâŁ Stop Loss:
Place your stop loss at $0.01950 to minimize downside risk.
đ Why $PEPE Looks Bullish:
Short Liquidation Pressure: The closing of short positions adds upward momentum to the price.
Support Confirmation: Holding above $0.02000 strengthens bullish sentiment.
Increased Volume: Growing interest indicates potential for sustained price movement.
⥠Quick Trading Tips:
Risk Management: Trade with proper position sizing; donât over-leverage.
Partial Profits: Secure gains at each target level to lock profits while letting the rest run.
Monitor Momentum Indicators: RSI above 60 and bullish MACD crossover could confirm the trend.
đ Conclusion:
PEPE is gearing up for a potential breakout following this liquidation event. Stick to the plan, manage your risk, and aim for your targets.
This could be your chance to ride PEPE to massive gains! đ„
Are you ready to catch the next wave? Letâs go!
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