Technical analysis for Pepe coin 🐸
🎯 Price targets for today
From technical analyses on TradingView:
A bullish flag pattern is forming on the 4-hour time frame, heading towards a breakout resistance at ~0.00000960–0.00000980. The next target for that breakout is around 0.00001125 USDT.
Another analysis that reinforces the bullish outlook: breakout of horizontal resistance from an ascending triangle with targets extending from 0.000022 to 0.000047 USDT (long-term, not daily but shows strong ranges).
Main targets for today:
Initial target (short-term): 0.00001100–0.00001125 USDT.
Medium-term target: 0.00001400–0.00001450 USDT.
Beware that a breakout below the support level at ~0.00000960 could lead to a correction towards ~0.00000880 or even ~0.00000750 according to some scenarios.
🟢 Entry and exit signals
Entry (Buy)
Upon price breaking and closing above 0.00000960–0.00000980 USDT on a 4-hour trade, with good volume support, it is considered a good entry to achieve the first target.
Defensive alternative: buy when testing support at ~0.00000876–0.00000900 (considering an 'Inverse Head & Shoulders' pattern) with a stop loss below this range.
Exit (Sell/Take Profit)
It is recommended to take profits at the first target around 0.00001100–0.00001125 USDT.
For bold traders, the position can be maintained as long as the price stays above 0.00000960, gradually raising the stop loss towards the entry point.
If the breakout fails (price closes below support 0.00000960–0.00000900), it is advisable to exit quickly to reduce risk and stop loss below 0.00000876.
⚠️ Intensive summary:
Signal Type Entry Level Stop Loss Price Targets
Buy signal 0.00000960–0.00000980 (breakout) Flexible stop <0.00000960 or below 0.00000876 Initial target 0.00001100–0.00001125, second target ~0.00001400
Sell signal Daily close below 0.00000960 — Correction towards 0.00000880 or ~0.00000750
✅ Additional tips:
1. Trading volume is very important: checking for significant volume during the breakout of the mentioned levels will enhance the credibility of the movement.
2. Capital management: Do not risk more than 1–2% of your portfolio in a single trade.
3. Market news: Changes in Bitcoin or Ethereum can immediately affect PEPE movements.
🧠 Summary:
Current PEPE price: ~0.00001 USDT.
Potential buy signal upon breaking through ~0.00000960–0.00000980.
Today's targets: 0.00001125 (first target), with potential extension upwards as long as support holds.
Smart stop loss: below 0.00000960 or 0.00000876 depending on risk tolerance.
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