🟢 1-Hour Chart Analysis 1000PEPEUSDT
Current Price: 0.0117328
Trend: Bullish consolidation near resistance
Volume: Stable with some recent green candle pressure
MACD: Bullish crossover, still building
RSI (6): 76.96 (Overbought zone – watch for rejection)
Stochastic RSI: ~88 (Overbought but strong trend)
William %R: -9.55 (Deep overbought – caution)
OBV: Gradually increasing = good demand
Bollinger Bands: Price hugging upper band = potential breakout
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🟩 Long (Buy) Trade Setup – For Breakout Scenario
✅ Entry Point:
Safe breakout entry: 0.01178+ (above last high with volume confirmation)
Dip re-entry: Between 0.01163 – 0.01166 (previous minor support zone)
🎯 Take Profit Targets:
1. TP1: 0.01188
2. TP2: 0.01198
3. TP3: 0.01215 (if PEPE rallies hard)
🛑 Stop Loss:
SL: 0.01158 (below Bollinger midline and structure support)
🧠 Strategy Note:
Only enter long if it breaks out or retests lower support and holds.
Use trailing stop-loss once price hits TP1.
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🔻 Short (Sell) Setup – If Price Rejected at Resistance
❌ Short Entry (Reversal Sign Needed):
Enter below 0.01158 (if bearish engulfing or breakdown candle appears)
🎯 Take Profit for Shorts:
1. TP1: 0.01145
2. TP2: 0.01130
🛑 Stop Loss for Short:
SL: 0.01175 (recent high + buffer)
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📌 Bias: Bullish with caution – Overbought but strong
📌 Wait for breakout or buy the dip to midline support for best risk-reward
📌 If price fails to break 0.01177 again, watch for pullback