$PEPE /USDT Chart Analysis & Trade Setup

Pattern Identified: Inverse Head and Shoulders

Left Shoulder (L): Seen around the 0.00001200 level.

Head (H): Deep dip below the shoulder around 0.00001100.

Right Shoulder (L): Higher low formed, confirming the inverse structure.

Breakout Confirmed: Price breaks above neckline (~0.00001400) with strong bullish momentum.

Technical Signals

Trendline Support: A rising trendline underpins the structure from the recent lows.

Volume likely increased on breakout (not shown here), typical in these setups.

Profit Target Reached: The chart shows a "Peak Profit 9627.18%" tag, indicating a potential take-profit zone already touched.

Support & Resistance

Support: 0.00001394 (EMA or trendline confluence).

Resistance: 0.00001650 - 0.00001700 area (post-breakout zone).

Trade Setup (Swing/Short-Term)

Entry Options

Breakout Retest Buy:

Entry: 0.00001394 – 0.00001400 (neckline retest).

Stop-loss: Below trendline/last swing low ~0.00001320.

Target: 0.00001650 – 0.00001700.

Aggressive Buy Now:

Entry: Current price around 0.00001478.

Stop-loss: 0.00001394.

Target: Same, 0.00001650 – 0.00001700.

Risk Management

Risk/reward: Aim for at least 1:2.

Position sizing should be adjusted accordingly due to prior volatility.

Trade Here on $PEPE