Headline:
$PEPE /USDT Showing Signs of Recovery – Potential Bounce Play
Trade Plan:
Entry Range: 0.00001150 – 0.00001300 (Accumulation Zone)
Targets:
Target 1: 0.00001500
Target 2: 0.00001725
Target 3: 0.00001938
Stop Loss: Below 0.00001100 (Break of Recent Low)
Analysis:
Breakout Levels:
A move above 0.00001511 could trigger momentum towards 0.00001725.
A breakout above 0.00001938 may lead to a retest of 0.00002103.
Volume Confirmation:
24h Volume: 28.02T PEPE, indicating strong interest.
USDT Volume: 393.03M, suggesting liquidity for larger moves.
Monitor increasing volume on green candles for bullish confirmation.
Risk-to-Reward Ratio:
Entry at 0.00001250, Stop Loss at 0.00001100, and Target at 0.00001725
Risk: 0.00000150 | Reward: 0.00000475
R:R Ratio: 1:3, making this a favorable trade.
Call to Action:
Watch for breakout confirmation above 0.00001500.
Set alerts for volume spikes and price action above resistance.
Manage risk carefully and adjust stops based on market conditions.
Would you like me to analyze a different time frame or add further indicators?
#pepe #MicroStrategyAcquiresBTC #PennsylvaniaBitcoinReserve #Write2Earn