🔥 #1000PEPEUSDT Trade Setup 💡
Current Market Analysis:
1000PEPE is currently facing rejection at the double top point, indicating a potential reversal in trend. As the price action unfolds, it's heading towards its previous low, where sell-side liquidity (SSL) is expected to play a crucial role.
Key Levels to Watch:
- Big FVG (Fair Value Gap): A significant FVG is present, which serves as our Point of Interest (POI) for trade entries.
- Lower FVG: This level acts as our Dollar-Cost Averaging (DCA) zone for added safety and risk management.
Trade Strategy:
With the current market dynamics, traders can look to capitalize on the potential downside movement. By identifying the key levels mentioned above, traders can make informed decisions about entry points, risk management, and potential profit targets.
Disclaimer:
This analysis is for educational purposes only and should not be considered as investment advice. Always conduct your own research and consult with financial experts before making any trading decisions.