🐸 $PEPE Golden Cross Setup: Flag Breakout Targets New ATH
🔥 Catalyst Alert
PEPE is forming a bullish flag pattern on daily charts – a consolidation phase after a 220% May rally. With the 50-day and 200-day moving averages nearing a golden cross (last seen before 300% pumps), this memecoin is primed for a June surge. Whale accumulation spiked 37% this week, signaling institutional interest in low-cap alts .
📊 Key Levels
- Breakout: $0.000017 (61.8% Fib) → Clear this = run to $0.000028 (ATH retest)
- Support: $0.000015 → Accumulation zone for DCA
- Stop-Loss: $0.000013 (below May low)
💡 Trade Strategy
1. Pre-Breakout Scalp:
- Buy dips near $0.000015-$0.000016
- Sell 40% at $0.000021, hold rest for $0.000028
2. Breakout Confirmation:
- Enter above $0.000017 with ≤3% port size
- Target 65% upside, stop at $0.000015
3. Hedged Play:
- Pair $PEPE
long with short on low-conviction memes (cough $EGL1, Arctic Pablo)
⚠️ Critical Risks
- Fed Meeting (June 12): Hawkish tone = altcoin dump risk .
- Memecoin Rotations: New tokens ($EGL1, Arctic Pablo) drain liquidity with unverified burns/politics .