#memecoinoftheday #FOMCMeeting #IsraelIranConflict |#MarketRebound
đ PEPE: Double-Bottom Setup, Parabolic Potential
đ ïž Technical Indicator
Doubleâbottom pattern confirmed around ~$0.0000057 (March & May) â a classic reversal signal tradingview.com+9optionsfred.medium.com+9binance.com+9.
Neckline breach recently above ~$0.0000187 with rising volume â a bullish breakout tradingview.com+2binance.com+2binance.com+2.
Golden cross spotted between 30/50âday and longer MA â bullish momentum signal reddit.com+3binance.com+3tradingview.com+3.
đ Price Targets & Trade Setup
Measured upside could reach ~$0.0000274 â over 100% gain from current levels reddit.com+9binance.com+9binance.com+9.
Entry zone: ~$0.0000135â0.0000140 (61.8% Fibonacci level).
Stop-loss: Below ~$0.0000077 (78.6% retracement).
Partial exits: Consider at ~$0.0000187 (neckline retest), then targets at $0.0000274 and beyond.
đ„ OnâChain & Sentiment Signals
Whale accumulation observed, fewer outflows to exchanges â hints at strong hands binance.combinance.com.
Retail momentum building: Binance updates highlight PEPE reclaiming key moving averages (~$0.0000111â$0.0000113), suggesting a short-term breakout tradingview.com+8binance.com+8binance.com+8.
đĄ Other Meme-Coins to Watch with Double-Bottom Patterns
Dogecoin (DOGE): Chart shows doubleâbottom + bullish momentum; trading ~$0.17 with potential breakout above $0.20 resistance. binance.com+5optionsfred.medium.com+5bravenewcoin.com+5
Shiba Inu (SHIB): Forming double-bottom; bounce off ~$0.0000114 support and eyeing move above $0.0000126. binance.com+1optionsfred.medium.com+1
BONK: Recently surged ~22% intraday; momentum parabolic but already in breakout. binance.com
â ïž Risk Factors
Risk FactorExplanationMemeâcoin volatilityCan spike 100%+ in short timeâbut reverse just as fast. Always use stop-losses.Pattern failure riskBreakouts may be falseâconfirm with volume, on-chain data.Market dependencyBroader crypto market strength is a must. A bearish macro environment can negate setups.
đŻ Strategy Summary for PEPE on Binance
Watch volume & TA â strong breakout needs increased volume.
Staggered entries â consider scaling in: ~$0.0000135 â ~$0.0000150.
Protect capital â stop-loss below $0.0000077 to limit downside.
Scale out at milestones: neckline retest, first target ~$0.0000187, then $0.0000274+.
đ§ Pro Trader Wisdom from Reddit
âI usually wait for a rounding or double bottom plus bull div then I enter⊠Usually I'm going for a 2â4x which is totally enough if you do it right over a long time.â binance.com+5reddit.com+5optionsfred.medium.com+5binance.com
If you're watching for that explosive parabolic move, PEPE looks to be the leading candidate right nowâbut it remains high-risk. Manage position sizes, set stops, and never invest more than you're willing to lose.