$1000PEPE /USDC 4H Trade Setup
Market Insight:
$1000PEPE is currently retracing from its recent high of 0.01477, down around 3.19%, but remains in a broader uptrend. Price is consolidating just above the MA(99), suggesting potential for a rebound if the bulls step in at support. Volatility remains elevated, with a volume spike nearing 742M in the last 4H session.
Entry Zone:
š¹ 0.01350 ā 0.01375 (accumulation zone near support and MA(99))
Targets:
šÆ Target 1: 0.01427 (previous pivot and minor resistance)
šÆ Target 2: 0.01456 (top of current range)
šÆ Target 3: 0.01484 (recent swing high and breakout point)
Stop Loss:
ā 0.01335 (below recent low and invalidation of short-term bullish structure)
Key Levels:
Support: 0.01349 / 0.01371
Resistance: 0.01427 / 0.01477 / 0.01484
Pivot: 0.01399
Pro Tip:
Watch for a strong bullish candle or a break/retest of 0.01399 with increasing volume for confirmation. If price reclaims MA(25) (0.01395), the momentum could shift quickly back to the upside.
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