๐ฅ $PEPE FROG LEAPS BACK! ๐ฅ
Meme coin mania might just be waking up again! Here's a quick breakdown of your trade idea with a touch of analysis:
๐ Trade Setup โ Scalp/Short-Term
Entry Zone: $0.00001135 โ $0.00001145
Take Profits:
TP1: $0.00001175
TP2: $0.00001215
TP3: $0.00001255
Stop Loss: $0.00001100
Risk/Reward (TP3 vs SL): ~3.6x โ solid!
๐ Why itโs Interesting:
Bounce Confirmation: Rejection from $0.00001037 shows clear demand.
Volume Rising: Smart money might be stepping back in โ watch for spikes.
Meme Sentiment: If $DOGE or $SHIB move, $PEPE usually follows with high beta.
โ ๏ธ What to Watch:
Bitcoin/ETH Direction: If majors drop, meme coins usually bleed harder.
Break & Retest at $0.00001150+: A clean flip of that zone with volume confirms strength.
News/Catalysts: Meme sentiment shifts fast โ watch Twitter/X, Reddit, and Telegram.
๐ง Pro Tip:
Trail your stop if TP1 hits โ donโt let a green wave wash away unrealized gains ๐
Is $PEPE gearing up for another meme rally or just a dead cat bounce?
Letโs watch closely. ๐ธ๐
