$PEPE Trading Strategy:
1. **Buy (Long) Setup**:
- **Trigger**: Price bounces off **$0.00000970** with high volume and a bullish candle.
- **Confirmation**: RSI > 50 (current RSI not shown, but monitor for momentum shift).
- **Targets**:
- Short-term: $0.00001033 (5-7% gain)
- Medium-term: $0.00001079 (10% gain from support).
- **Stop Loss**: Below $0.00000960 (protects against breakdown).
2. **Sell (Short) Setup**:
- **Trigger**: Price breaks **below $0.00000970** with a red candle closing under $0.00000965.
- **Target**: $0.00000916 (July 3 low).
- **Stop Loss**: Above $0.00000980.
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#### Key Indicators & Risks:
- **Momentum**: Current +1.11% suggests minor bullish bias, but volatility is high.
- **Risk Note**:
- PEPE is a meme coin – prone to extreme swings. Trade with ≤2% capital.
- If $0.00000916 breaks, next support is $0.00000850 (not shown).
> **Summary**:
> - **Strong Support**: $0.00000970. Buy on bounce + bullish candle.
> - **Strong Resistance**: $0.00001033/$0.00001079. Sell into strength.
> - **Critical Confirmation**: Always wait for the candle close to avoid fakeouts.
*Disclaimer: This is not financial advice. Monitor real-time data and use risk management.*