$PEPE
Here's a potential trade setup for PEPE/USDC on the 30-minute chart, based on the indicators and price action shown:
🔍 Trade Setup (Short-Term - 30m Chart)
📥 Entry Zone:
Between 0.00001220 and 0.00001230
Price is showing a small bounce after hitting the support at 0.00001215
🛡️ Stop Loss:
Below recent support: 0.00001210
This gives a tight risk margin in case of breakdown
🎯 Targets (Take Profits):
🎯 TP1: 0.00001250
Around the last consolidation zone before the drop
Near EMA(21) and price resistance
🎯 TP2: 0.00001266
24h high
Would be a good exit if momentum picks up
📊 Supporting Indicators:
EMA(9) and EMA(21) are still above price = bearish short-term trend
STOCH RSI: 12.14 → Oversold zone (possible bounce incoming)
MACD is still negative but flattening = sign of consolidation or potential reversal
📌 Summary:
Risk: Low-moderate (tight SL)
Reward: Good RR ratio to TP1 and TP2
Type: Short-term scalping/quick swing
Trade Style: Bounce play off recent support + oversold STOCH RSI
