Thank you! 🙌
Now let's suggest Entry Point, Stop Loss, and Take Profit for PEPE/USDC, considering the current chart and market situation:
📈 Trade Setup (1-hour time frame)
✅ Entry Point (Entry Price):
0.00001170 to 0.00001175
This price is close to the current support level, from where the market can bounce back up.
❌ Stop Loss (Limit to avoid loss):
0.00001150
If the price drops to this level, it means the support has broken, and further decline may occur — hence this level will be the best stop loss.
🎯 Take Profit (Profit Limit):
Target Price Reason🎯 TP1 0.00001200 First Resistance Level 🎯 TP2 0.00001233 Recent Rejection Zone 🎯 TP3 0.00001270 In case of significant recovery
⚠️ Important Advice:
If the market closes below 0.00001166, it will be a clear breakdown — in such a case, close the position.
If the price breaks above 0.00001200, shift the SL to the Entry Price (it will become a Risk-Free Trade).
The market is currently Volatile — therefore, avoid using leverage, or keep it very low.