$PEPE USDT is approaching the level of 0.00001189
After a strong push from 0.00001000, the price reached the resistance area of 0.00001189 with an expansion in trading volume. Now the market is at an important decision point.
What are we watching?
- A hold above 0.00001189 drives momentum towards 0.00001250 then 0.00001300
- A rejection at 0.00001189 may push the price back to 0.00001140, breaking it brings the price back to 0.00001000
Trading Setup
• Buy Entry: Close of a 1-hour candle above 0.00001189
• Targets: 0.00001250 and 0.00001300
• Stop Loss: Below 0.00001170
• Long Retracement: Support at 0.00001140 with a stop loss below 0.00001120, taking profits from 0.00001189 to 0.00001250
• Quick Rejection: at 0.00001189, taking profits at 0.00001140, stop loss above 0.00001200
⚠️ Advice: After a strong upward movement, wait for confirmations and price consolidation, and reduce position sizes to avoid sudden volatility
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