$1000PEPE /USDT - A Dip or an Opportunity? Let's Talk Strategy!
The market just gave us a deep 10.75% pullback on $PEPE, currently resting at 0.0138333 after hitting a local low of 0.0135630. It’s easy to feel shaken by the red candles, but remember—real opportunities often emerge when fear peaks.
Here’s what I’m seeing:
Support Zone: We're hovering around a potential micro-support just above 0.01356.
MACD: Still in bearish territory, but we’re nearing exhaustion levels—early signs of seller fatigue?
Volume Spike: A sudden jump in sell volume often signals capitulation. Watching closely for a reversal cue on lower timeframes.
Strategy: I’m eyeing a scalp-long if we reclaim 0.01391 with volume confirmation. SL below 0.01353. Aggressive traders may already be testing this zone!
Key Levels:
Resistance: 0.01396 – 0.01400
Support: 0.01353
Tip for New Traders: Don’t just follow green or red—follow the reaction at key levels. That’s where smart money speaks.
If you found this helpful or are trading $PEPE too, drop your thoughts below. Let’s learn and grow together!
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