📈 PEPE/USDT (1H) – Potential Breakout Setup

Exchange: Binance – Spot

Current Price: $0.00001355

Volume: 203.69B

Change: -0.07%

❗Signal Type: Breakout Watch / Scalping Setup

PEPE has been consolidating in a tight range following a pullback from recent highs. Price action shows reduced volatility and compression, suggesting a potential breakout is brewing. A strong volume breakout could trigger a momentum move either way.

🔍 Technical Highlights:

Support Zone: $0.00001340–$0.00001345

Resistance Zone: $0.00001365–$0.00001380

Candle Structure: Small-bodied candles and horizontal drift hint at a volatility squeeze

Volume: Tapering down, which often precedes explosive moves

Pattern: Possible bull flag or ascending triangle forming

📊 Trade Setup:
🟢 Bullish Breakout Setup:

Entry: On 1H close above $0.00001380 with volume > 200B

Stop-Loss: Below $0.00001340

Take Profits:

TP1: $0.00001400

TP2: $0.00001430

TP3 (extension): $0.00001470

Risk/Reward Estimate: 2.5:1 to 3:1

🔴 Bearish Breakdown Setup (if support fails):

Entry: On break and close below $0.00001340

Stop-Loss: Above $0.00001360

Take Profits:

TP1: $0.00001320

TP2: $0.00001295

TP3: $0.00001260

⚠️ Invalidation:

Long setup fails if price closes back below $0.00001350 after breakout attempt

Short setup fails if price rebounds strongly above $0.00001365

📌 Pro Tip:

Watch for a volume surge + bullish engulfing candle near the top of the range. This would significantly increase the breakout's reliability.

Buy and Trade Here $PEPE