$PEPE Based on your PEPE/USDT 4-hour chart, here’s a technical breakdown and a trade suggestion:
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Current Market Snapshot:
Current Price: 0.00000830 USDT
EMA Analysis:
EMA(7): 0.00000825 – price is slightly above short-term average (bullish sign)
EMA(25): 0.00000842 – resistance ahead
EMA(99): 0.00000839 – long-term resistance near EMA(25)
MACD: Showing a recent bullish crossover – early signal of upward momentum.
Recent Low: 0.00000799 (support)
Recent High: 0.00000836 (resistance)
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Trade Plan:
Entry Point:
Buy Limit: 0.00000822
Reason: Slight retracement near EMA(7) and previous candle base; lower risk entry with trend confirmation.
Stop Loss:
Stop Loss: 0.00000795
Reason: Below recent swing low (0.00000799) to protect from downside breakout.
Take Profit:
Take Profit 1: 0.00000839
Reason: Just below EMA(99) resistance level.
Take Profit 2 (Optional stretch): 0.00000850
Reason: Round number resistance and potential breakout continuation.
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Trade Reasoning:
Price is reclaiming EMA(7) after forming a base around 0.00000799 – a bullish reversal signal.
MACD turning green suggests momentum may build.
Volume shows increasing interest near support.
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Risk-Reward Summary:
Risk: 0.00000822 – 0.00000795 = 0.00000027
Reward (TP1): 0.00000839 – 0.00000822 = 0.00000017
~0.6 R/R (consider partial exit)
Reward (TP2): 0.00000850 – 0.00000822 = 0.00000028
~1.0 R/R (better setup)
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Would you like a follow-up plan if the price drops below support or breaks out strongly above resistance?
