The $PEPE /USDT pair is soaring, currently trading at $0.00002144 with a 21.82% gain, and hitting a 24-hour high of $0.00002185. This breakout signals strong bullish momentum, supported by significant trading volume. With such momentum, traders can expect further upward movement if key levels are surpassed.
Targets:
1. Target 1: $0.00002200 – A close short-term resistance for quick profits.
2. Target 2: $0.00002250 – A strong intermediate target in a bullish rally.
3. Target 3: $0.00002300 – A potential high if momentum sustains.
Stop-Loss:
Set at $0.00002000 – Protects against unexpected reversals.
Trading Strategy:
If PEPE maintains its strength above $0.00002150, it could continue its bullish trajectory towards the targets. Failure to sustain above $0.00002100 may signal consolidation or a pullback. Traders should manage their entries and exits carefully, keeping stop-losses tight for risk management.