Technical Highlights:
Support Bounce: bounced $PEPE at $0.00001267, indicating strong buyer defense at that zone.
Reclaiming Ground: The price pushing back toward $0.00001314 suggests a possible reversal.
Resistance Ahead: Key resistance to watch lies at $0.00001355, then $0.00001412–$0.00001420.
Trade Plan Recap:
Entry: $0.00001314 (current level, post-bounce)
Take Profit (TP): $0.00001412 (previous high/resistance)
Stop Loss (SL): $0.00001267 (recent low)
Risk-Reward Snapshot:
Risk: ~3.6%
Reward: ~7.5%
R/R Ratio: ~2:1 — favorable setup for momentum scalpers or swing traders.
Pro Tips:
Watch volume spikes — they're essential in confirming a meme coin bounce.
Partial profits near resistance help lock gains while riding the trend.
Be aware of whale sell-offs or sudden sentiment shifts — meme coins move fast both ways.
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