Based on the 1-hour PEPE/USDT chart you provided, here's a technical analysis including potential entry point, stop loss, and take profit:
✅ Entry Point (Buy Trade)
The price is currently at 0.00001145, sitting near the MA(99) at 0.00001140, and just above the 24h low of 0.00001129. This area might act as support, which can be considered for a bounce entry.
📍 Suggested Entry (Long): 0.00001145 (current price)
Wait for a bullish candle close or volume confirmation to reduce risk.
🔒 Stop Loss
To protect your capital if the trade moves against you:
📉 Suggested Stop Loss: 0.00001120
This is just below the recent low (0.00001129) and provides a buffer in case of a fake-out.
🎯 Take Profit Levels
Use previous resistance levels and Fibonacci-style projections to set realistic targets:
🥇 TP1 (Conservative):
0.00001177
Previous price level before the drop.
Near MA(25), which might act as resistance.
🥈 TP2 (Aggressive):
0.00001208
24h High and a strong resistance zone.
🔄 Risk-to-Reward Ratio
Let’s calculate:
Risk (SL): 0.00001145 → 0.00001120 = 25 pips
Reward (TP1): 0.00001177 → 0.00001145 = 32 pips → R:R ≈ 1.3
Reward (TP2): 0.00001208 → 0.00001145 = 63 pips → R:R ≈ 2.5
⚠️ Final Notes:
Wait for confirmation (like MACD cross or bullish candle) before entry.
If price breaks below 0.00001129, wait for a lower setup.
Adjust position size to match your risk tolerance (no more than 1–2% of capital per trade).
Would you like me to mark this on a chart for clarity?
