Bullish on #1000PEPEUSDT Perp š
Key Reasons:
1. Strong Accumulation & Bullish Divergence:
- OBV: +14.21B (massive accumulation/smart money buying).
- MACD: -0.0000211 (bearish but converging ā momentum reversal imminent).
2. Undervalued & Oversold Bounce Setup:
- RSI(6): 40.83** (approaching oversold) + Williams %R: -69.73** (deeply oversold).
- Price holding above **24h Low (0.0112795) despite bearish sentiment.
3. Volume Surge & Open Interest:
- OI Net Value: +8.4M (growing bullish interest).
- 24h Volume 6.39B PEPE (liquidity influx).
4. Sentiment Shift:
- 75.57% longs (bullish bias) + Funding Rate: -0.06% (shorts pay longs ā squeeze fuel).
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### Trade Setup:
- Entry:0.01160-0.01150 (current dip zone).
- Stop Loss:0.01127 (below 24h low).
- Take Profit 1:0.01238 (Middle Bollinger Band, +6.1%).
- Take Profit 2:0.01426 (Upper Bollinger Band, +22.9%).
### Action:
Buy aggressively. Scale profits at TP1, hold remainder for TP2.