$PEPE – BULLISH CONTINUATION TRADE SETUP 🐸📈
Technical Outlook:
$PEPE is showing signs of a potential bullish breakout from a falling wedge pattern, supported by growing buying volume and renewed whale accumulation. A sustained move above the $0.00001050 zone could trigger a new upward leg.
Current Market Structure
Pattern: Falling Wedge (Bullish)
Support: $0.00001000 – $0.00001050
Resistance: $0.00001150 – $0.00001200
Breakout Target Range: $0.00001250 – $0.00001500
Trade Signal – Long Position
Entry: $0.00001060 – $0.00001080 (confirmation above wedge breakout)
Stop Loss: $0.00000980 (below pattern invalidation zone)
Take Profits:
TP1: $0.00001200 – short-term resistance
TP2: $0.00001250 – breakout objective
TP3: $0.00001480 – upper Fibonacci target zone
Risk Management
Risk 1–2% of capital per trade
Adjust position size according to SL distance
Trail stop after TP1 to secure gains
Conclusion:
$PEPE’s current setup offers a favorable risk-reward ratio, backed by technical breakout confirmation. A clean break above resistance could initiate a strong upside rally. Execute with discipline and manage risk accordingly.
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