Technical Analysis - 1-Day Chart:
1. Price trend:
Currently, the 1000PEPE/USDT pair shows a sideways-bearish trend with signs of recovery towards higher levels, as indicated by the latest candle patterns. The following observations support this analysis:
Formation of Japanese candlesticks: A pattern of indecision is observed near the key support at 0.0172 USDT, with slight consolidation and a subsequent bullish candle with a wide body indicating buyer accumulation at lower levels.
Price channel: Recent movements oscillate within a defined range between 0.0165 USDT (support) and 0.0188 USDT (resistance), with buying pressure at the lower end of the range and selling pressure at the upper end.
2. Key levels identified:
Resistances:
0.0188 USDT: Immediate resistance, where high sell orders are concentrated (according to the liquidation map).
0.0245 USDT: Critical profit-taking zone for medium and long term.
Supports:
0.0172 USDT: Key local support level, backed by the confluence of buy orders and a strong previous bearish rejection.
0.0165 USDT: Strong support zone identified as a point of interest for long-term accumulation.
3. Technical indicators:
RSI (Relative Strength Index, 14):
Current: 43.04
In a neutral zone with a slight bullish bias. This suggests that the price still has room to rise before reaching overbought levels.
Stochastic RSI:
Current: 16.52 (K) and 11.41 (D)
It is at oversold levels, with a possible bullish crossover in the coming days, indicating a probable price rebound.
MACD (6, 13, 5):
Signal line still in negative territory, but with the histogram showing a decrease in bearish pressure, indicating a loss of momentum from sellers.
Volume:
1.204B (24h)
The high recent volume shows renewed interest in the asset, likely due to accumulation at key supports.
II. Liquidation Map Analysis
The Liquidation Heatmap confirms the distribution of pending orders in the futures market:
1. Buy orders:
Area of highest accumulation: 0.0165 - 0.0172 USDT.
This supports the hypothesis that buyers are protecting these levels to bounce the price.
2. Sell orders:
Concentrated between 0.0188 and 0.0193 USDT, indicating that this will be the immediate resistance to break in the short term.
III. Summary of Executed Trades
Trade 1: Long 6x
Entry price: 0.0174963 USDT
Last price: 0.0183894 USDT
Profit: +29.10%
Trade 2: Long 6x
Entry price: 0.0174963 USDT
Last price: 0.0182340 USDT
Profit: +24.26%
Trade 3: Long 6x
Entry price: 0.0164112 USDT
Last price: 0.0188579 USDT
Profit: +77.82%
Total result:
Thanks to a detailed analysis of supports and resistances, as well as the use of moderate leverage, we achieved an average accumulated profit of +43.06% in less than a week. This confirms the effectiveness of trading with well-founded strategies.
IV. Strategic Operations Plan
1. Short term.
Strategy: Scalping taking advantage of the rebound from key supports.
Entry: 0.0175 USDT
Stop Loss: 0.0162 USDT
Take Profit: 0.0194 USDT
Risk/Reward: 1:3, focusing on breaking immediate resistance.
2. Medium term.
Strategy: Swing trade looking to take advantage of the current range.
Entry: 0.0170 - 0.0165 USDT
Stop Loss: 0.0150 USDT
Take Profit: 0.0225 USDT
Risk/Reward: 1:4, targeting previous highs.
3. Long term.
Strategy: Strategic positioning with bullish expansion targets.
Entry: 0.0150 USDT
Stop Loss: 0.0135 USDT
Take Profit: 0.0300 USDT
Risk/Reward: 1:6, taking advantage of a possible sustained rally.
V. Conclusion and Publication
These days we have demonstrated how a professional and well-founded analysis can generate consistent results in the futures market. The accumulated profits reflect the positive impact of using a disciplined strategy based on technical data.
Highlighted profit:
+77.82% in a single trade demonstrates the power of analysis combined with proper risk management.
risk management.
We attach images for our community to see the effectiveness of this approach, with total transparency and backed data. We continue to add profitability!
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