Technical Analysis:

The $PEPE /USDT chart shows a bullish trend. The price has been steadily increasing, and the recent pullback to the 20-day moving average (MA) has been bought. The Bollinger Bands are expanding, indicating increased volatility, but the price is still well above the lower band, suggesting bullish momentum.

Trade Ideas:

* Long Entry: Buy at the 20-day MA with a stop-loss below the recent swing low.

* Long Target: The next resistance level above.

* Short Entry: If the price breaks below the 20-day MA, consider a short position with a stop-loss above the recent swing high.

* Short Target: The next support level below.

Leverage:

* Use leverage carefully and consider your risk tolerance.

* A 2x to 5x leverage can amplify gains but also losses.

Market Outlook:

The overall chart pattern suggests a bullish outlook for Pepe. However, the recent pullback and increased volatility suggest a potential short-term correction. Traders should monitor the price action closely and adjust their positions accordingly.

Disclaimer:

This analysis is for informational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.#Pepe #MemeCoin #Crypto #Binance #TradingAnalysis