Setup for $PEPE /USDT
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1. Coin Name:
$PEPE /USDT
2. 24-Hour Change:
+10.11%
- PEPE has surged by 10.11% in the last 24 hours, showing significant bullish momentum.
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*3. Targets*:
- *TP1*: *0.00000705 – Slightly above the current price and near the 24h high.
- *TP2*: *0.00000715* – A resistance level above the first target, if the trend continues.
- *TP3*: *0.00000730* – A further resistance level, anticipating the continuation of the upward movement.
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*4. Entry Time*:
- *Long Entry*: Enter a *long position* if PEPE breaks above *0.00000700* with confirmation of strong momentum or increasing volume.
- *Short Entry*: A *short position* could be considered if PEPE falls below *0.00000660*, indicating a reversal or bearish move.
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*5. Stop Loss*:
- *Stop Loss*: Place the stop loss at *0.00000650*, which provides a reasonable distance from the entry point to protect against larger price fluctuations.
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*6. Take Profit*:
- *Take Profit (TP1)*: *0.00000705*
- *Take Profit (TP2)*: *0.00000715*
- *Take Profit (TP3)*: *0.00000730*
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*7. Maximum Profit*:
- *Maximum Profit*: If the price moves from *0.00000697* to *0.00000730*, the potential gain would be around *4.7%*.
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*8. Maximum Loss*:- *Maximum Loss*: If th pr falls to the stop loss at *0.0000065*, thepotential loss is approximately *6.7%*.
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*Risk-Reward Ratio*:
- *Risk*: ~6.7% (if the price hits the stop loss)
- *Reward*: ~4.7% (if the price reaches TP3)
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*Next Steps*:
1. *Enter a long position* if PEPE breaks above *0.00000700* with confirmation.
2. *Set Stop Loss* at *0.00000650* to manage risk.
3. *Take Profit* at *0.00000705*, *0.00000715*, and *0.00000730* based on market movement.
