$PEPE Short Liquidation Analysis
š„ Current Short Liquidation: $6.0925K, Price: $0.02034
Market Overview
$PEPE has triggered a significant short liquidation at $0.02034, indicating strong buying activity. If momentum sustains, this could lead to a potential bullish breakout.
Trading Strategy: Buy Plan
Hereās a simple and clear roadmap for trading PEPE :
Buy Zone
Entry Range: $0.02000 to $0.02040
Tip: Accumulate within this range if the price stabilizes or shows minor dips.
Targets (Take Profits)
Target 1 (Short-Term): $0.02100
Target 2 (Mid-Term): $0.02200
Target 3 (Long-Term): $0.02350
Stop Loss
Stop Loss Level: $0.01960
Reason: A drop below this level may indicate a bearish reversal.
Key Tips for Traders
1. Volume Confirmation: High buying volume near the entry zone confirms bullish momentum.
2. Risk Management: Risk only 1-2% of your portfolio to keep potential losses minimal.
3. Stay Alert: PEPEās price can be volatile. Monitor market sentiment and whale activity closely.
4. Trailing Stop: Once $PEPE reaches $0.02100, move your stop loss to $0.02040 to secure profits.
š Possible Scenario: If PEPE breaks $0.02200 with sustained momentum, it could rally toward $0.02350 or higher. Trade cautiously and stick to your plan for the best results!
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