$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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