"$PEPE " over a 1-day interval, here’s a concise analysis for a medium-risk day trade:
- **Entry Point**: Enter at $0.00001384 (current price), as it aligns with a recent peak and potential consolidation zone.
- **Take Profit**: Set at $0.00001677 (previous high), offering a reasonable profit target based on recent price action.
- **Stop Loss**: Place at $0.00001293 (recent low), limiting downside risk while maintaining a medium risk-reward ratio.
**Risk Management**: Ensure position size reflects a medium risk tolerance, adjusting based on your account size and the 6.7% drop potential. Monitor closely due to volatility.
