PEPE/USDT – Breakout Trade Idea
Entry: Clean break & close above $0.00000880 (confirm with rising volume)
Stop Loss: Below recent swing low (e.g., $0.00000820 or -7% from entry)
Take Profit: $0.00001600 (~80% upside, 2:1+ R/R)
Why This Works:
1. Breakout Zone: $0.00000880 is a key resistance level. A close above it signals bullish momentum.
2. Risk Management: Stop below support avoids fakeouts. Tight risk (1-2% of capital).
3. Target Logic: $0.000016 aligns with 2x the breakout range (or next HTF resistance).
Caution:
- Watch BTC volatility (altcoins often follow).
- Partial profits at 50% gains (e.g., 0.00001200) to secure wins.