🚨 PEPE/USDT – Trend Reversal & Trade Setup! 🚀
Hey Binance traders! PEPE coin is bouncing off key support, showing potential for a trend reversal. Let’s analyze:
🔍 Trend Analysis:
📉 PEPE has been in a downtrend, dropping from $0.00001478 to a low of $0.00000525 before rebounding.
📊 Now trading at $0.00000679, attempting to reclaim lost ground.
📈 Key Levels to Watch:
🔹 Support: $0.00000525 – Recent bottom, strong buying zone.
🔹 Resistance: $0.00000735 – Needs to break for further upside.
📊 Indicators Suggest a Reversal:
✅ MA(7) crossing above MA(25) – Early bullish signal.
✅ MACD shows increasing buying momentum.
✅ Order Book: 47% buyers vs. 52% sellers – Momentum shifting.
🎯 Trade Setup:
💰 Long Entry: Above $0.00000740 (confirmation of breakout).
🎯 Targets:
$0.00000850 (25% gain)
$0.00001000 (47% gain)
⛔ Stop-Loss: Below $0.00000630 to minimize downside risk.
🔹 Alternative Strategy: Buy the dip near $0.00000550 if price rejects resistance.
💬 Will PEPE bounce back or drop lower? Let’s discuss! 👇
📢 Disclaimer: Not financial advice. Crypto is volatile—DYOR!