$PEPE Long Position Strategy (Bullish Setup)
Ideal Entry Zones:
Primary Dip: $0.00001190 – $0.00001200 (strong support)
Backup: $0.00001150 – $0.00001180 (coin retest)
Take Profit Targets:
TP1: $0.00001298 – $0.00001320 (short-term pivot zone)
TP2: $0.00001459 – $0.00001578 (May 2024 high)
TP3 (Aggressive): $0.000028 – $0.000032
Stop Loss: $0.00001130 (below lower support)
Entry Confirmation:
Candle close above pivot $0.00001298 shifts bias strong bullish
Strengthening RSI > 60 + sustained volume
Technical Patterns & Levels
Bullish Chart Patterns:
Confirmed falling wedge breakout + positive CMF/Bollinger band expansion Indiatimes.
Cup-and-handle break & retest at ~$0.0000172 zone
Immediate Support & Resistance:
Support: $0.00001137 (CoinCodex pivot S1);
key psychological floor at $0.00001200
Resistance: $0.00001298–0.00001321;
next major ceiling at $0.00001459–$0.00001578 (May 2024 high)
Indicator Signals:
Oscillators & moving averages vary:
TradingView shows neutral, but short-term indicators lean bullish
RSI siting ~60+ with MACD positive divergence
6 bullish vs 3 bearish indicators; pivot at $0.0000122
Predicts potential double to ~$0.000028 by year-end
“Calm before next rally”; critical support at $0.00001200