potential trade setups and strategy ideas based on the current PEPE/USDT 15-minute chart:
🧭 Trading Strategy (Short-Term / 15-min Chart)
🔍 1. Support & Resistance Zones
Key Support: 0.00001337 (marked)
Key Resistance: 0.00001512 (marked)
Minor Resistance: 0.00001417 (near recent rejection level)
📈 Setup A: Bounce from Support (Long Setup)
Scenario: Price approaches or retests 0.00001337 with declining volume, and then shows a bullish reversal candle or pattern.
Entry:
Buy near 0.00001340–0.00001350 after confirmation (e.g. hammer candle, bullish engulfing, RSI oversold).
Stop-Loss:
Below recent swing low or below 0.00001320 for protection.
Take Profit Targets:
TP1: 0.00001385 (near recent bounce)
TP2: 0.00001417 (resistance
TP3: 0.00001460–0.00001500 (if strong breakout continues)
📉 Setup B: Rejection at Resistance (Short Setup)
Scenario: Price approaches 0.00001417 or 0.00001512 and shows bearish reversal patterns with decreasing volume.
Entry:
Enter short around 0.00001415–0.00001510 after rejection signals.
Stop-Loss:
Just above resistance, e.g. 0.00001525
Take Profit Targets:
TP1: 0.00001385
TP2: 0.00001350
TP3: 0.00001337 or lower
🛠️ Tools for Confirmation
Bollinger Bands: Look for price bouncing off the lower band (for longs) or upper band (for shorts).
Volume: Confirm entries with volume increase on breakout or reversal candle.
RSI / MACD (optional): Use for confirmation of overbought/oversold or momentum shifts.
⚠️ Risk Management Tips
Risk no more than 1-2% of your capital per trade.
Avoid trading during high news volatility (check economic calendar).
Use alerts near support/resistance to avoid constant screen watching.