PEPE/USDT – Long Trade Setup | 1H Chart
PEPE is showing signs of strength after holding firm at a key horizontal support level. The price has bounced from the demand zone around 0.00000997–0.00001000 and is now pushing upward with increased volume. This setup offers a favorable risk-reward ratio as long as support holds.
Trade Setup:
Entry Zone: 0.00001000 – 0.00001016
Stop Loss: 0.00000966
Target 1 (TP1): 0.00001050
Target 2 (TP2): 0.00001084
Analysis:
Strong horizontal support at 0.00000997
Repeated rejection of the downside wicks
Healthy volume spike during the bounce
Clean breakout potential above 0.00001030
A close below support would invalidate the setup. Watch closely for sustained momentum and follow volume confirmation.