#FOMCMeeting $PEPE #PEPE Based on the PEPE/USDT 1D chart you provided from Binance, here’s a suggested trade setup with Entry Point, Stop Loss, and Take Profit levels:
🔍 Market Summary
Current Price: 0.00001044 USDT
Downtrend: Price is consistently making lower highs and lower lows
Indicators:
50-day MA and 25-day MA above the price = Bearish
MACD is negative and flattening = Weak momentum
Last support hit: 0.00001024
Resistance visible near 0.00001170 and 0.00001212
✅ Trade Idea: Short-Term Rebound (Low Risk)
📥 Entry Point:
0.00001030 – 0.00001040
Enter if price bounces from support (0.00001024), showing green candle confirmation.
🛑 Stop Loss (SL):
0.00001010
Set slightly below last major low at 0.00001024 to protect against deeper drop.
🎯 Take Profit (TP):
TP1: 0.00001090 (first small resistance)
TP2: 0.00001120 (25 MA line)
TP3: 0.00001170 (major resistance zone)
⚠️ Risk/Reward Tip:
Use a tight SL as this is a counter-trend trade (price is in a downtrend).
If price fails to bounce from 0.00001024, wait for new setup or breakout.
Would you like me to create a visual trading chart with these levels marked?