Based on the 15-minute chart of PEPE/FDUSD from Binance, here is a suggested trade setup with Entry Point, Stop Loss, and Take Profit levels:
๐ Trade Setup (Short-Term Scalp)
โ Entry Point:
0.00001036 (Current market price)
โ Stop Loss:
0.00000977
This is the 24h low, a key support zone.
If price breaks this, trend could shift bearish.
๐ฏ Take Profit Targets:
Target 1: 0.00001051 (24h High)
โ Conservative, quick scalp.
Target 2: 0.00001060 โ 0.00001070
โ If bullish momentum continues beyond the 24h high.
Look for bullish confirmation in MACD or volume spike.
๐ Indicators Summary:
MACD: Bearish crossover, but histogram showing weakening selling pressure.
Volume: Moderate, no strong breakout yet.
Trend: Short-term sideways with potential breakout above 0.00001043.
๐ Risk/Reward:
Risk: ~59 points
Reward: 15โ34 points
R:R: Not ideal unless price breaks 0.00001051 quickly โ use tight SL and monitor closely.
Would you like me to create a visual chart with these levels marked (entry, stop loss, and take profit)?
