🚀🚀1. $PEPE Long Position (Buy) 👌Entry Point: Above 0.00001950 🌊Reasoning: If the price breaks and holds above the middle Bollinger Band (0.00001950) with increased buying volume, it could signal bullish momentum, suggesting a potential long entry. 🚨Resistance Levels: 💥First Resistance: 0.00002244 (Upper Bollinger Band and 24-hour high) – A key level to watch, as it could act as the first major resistance.
💥Second Resistance: 0.00002500 – Psychological level and potential next resistance if momentum continues. 💸💸Stop Loss: Below 0.00001750 (Lower Bollinger Band) 🎯🎯Take Profit: Target around 0.00002200 - 0.00002244 for a safer exit, or 0.00002500 if momentum is strong. 🌊2. Short Position (Sell)
🚀🚀Entry Point: Below 0.00001750
Reasoning: A breakdown below the lower Bollinger Band (0.00001750) with increased selling pressure could indicate bearish sentiment, providing a short opportunity.
🚀Support Levels:
💸First Support: 0.00001500 – Potential support level based on historical price zones.
💸Second Support: 0.00001249 (24-hour low) – A critical support level if the price continues downward. 🌊Stop Loss: Above 0.00001950 (Middle Bollinger Band) 🎯Take Profit: Target around 0.00001500 initially, with a potential extension to 0.00001250 if the price continues to drop Summary 🚨🚨Long Position: Enter above 0.00001950, take profit around 0.00002200 - 0.00002500 and a stop loss below 0.00001750. 🚨🚨Short Position: Enter below 0.00001750, with a take profit around 0.00001500 - 0.00001250 and a stop loss above 0.00001950. These levels provide a balanced risk-to-reward setup based on the current trend and indicators. $PEPE buy now
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