memecoinoftheday

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🔍 PEPE: Double-Bottom Setup, Parabolic Potential
🛠️ Technical Indicator

Double‑bottom pattern confirmed around ~$0.0000057 (March & May) — a classic reversal signal tradingview.com+9optionsfred.medium.com+9binance.com+9.

Neckline breach recently above ~$0.0000187 with rising volume — a bullish breakout tradingview.com+2binance.com+2binance.com+2.

Golden cross spotted between 30/50‑day and longer MA → bullish momentum signal reddit.com+3binance.com+3tradingview.com+3.

📈 Price Targets & Trade Setup

Measured upside could reach ~$0.0000274 — over 100% gain from current levels reddit.com+9binance.com+9binance.com+9.

Entry zone: ~$0.0000135–0.0000140 (61.8% Fibonacci level).

Stop-loss: Below ~$0.0000077 (78.6% retracement).

Partial exits: Consider at ~$0.0000187 (neckline retest), then targets at $0.0000274 and beyond.

👥 On‑Chain & Sentiment Signals

Whale accumulation observed, fewer outflows to exchanges — hints at strong hands binance.combinance.com.

Retail momentum building: Binance updates highlight PEPE reclaiming key moving averages (~$0.0000111–$0.0000113), suggesting a short-term breakout tradingview.com+8binance.com+8binance.com+8.

💡 Other Meme-Coins to Watch with Double-Bottom Patterns

Dogecoin (DOGE): Chart shows double‑bottom + bullish momentum; trading ~$0.17 with potential breakout above $0.20 resistance. binance.com+5optionsfred.medium.com+5bravenewcoin.com+5

Shiba Inu (SHIB): Forming double-bottom; bounce off ~$0.0000114 support and eyeing move above $0.0000126. binance.com+1optionsfred.medium.com+1

BONK: Recently surged ~22% intraday; momentum parabolic but already in breakout. binance.com

⚠️ Risk Factors
Risk FactorExplanationMeme‑coin volatilityCan spike 100%+ in short time—but reverse just as fast. Always use stop-losses.Pattern failure riskBreakouts may be false—confirm with volume, on-chain data.Market dependencyBroader crypto market strength is a must. A bearish macro environment can negate setups.

🎯 Strategy Summary for PEPE on Binance

Watch volume & TA — strong breakout needs increased volume.

Staggered entries — consider scaling in: ~$0.0000135 → ~$0.0000150.

Protect capital — stop-loss below $0.0000077 to limit downside.

Scale out at milestones: neckline retest, first target ~$0.0000187, then $0.0000274+.

🧠 Pro Trader Wisdom from Reddit

“I usually wait for a rounding or double bottom plus bull div then I enter… Usually I'm going for a 2‑4x which is totally enough if you do it right over a long time.” binance.com+5reddit.com+5optionsfred.medium.com+5binance.com

If you're watching for that explosive parabolic move, PEPE looks to be the leading candidate right now—but it remains high-risk. Manage position sizes, set stops, and never invest more than you're willing to lose.