Based on the 15-minute PEPE/FDUSD chart you provided from Binance, here’s a suggested scalp trading strategy using current price action, MACD, and recent support/resistance levels:
📈 Trade Setup Summary
Trend: Short-term downtrend (lower highs, lower lows)
Indicators: MACD bearish, volume decreasing near support
Current Price: 0.00000995
Support Zone: 0.00000965 (recent 24h low)
Resistance Zone: 0.00001018–0.00001033
🔵 Entry Point (Buy):
Buy near 0.00000965 - 0.00000975
(Expect a bounce from support zone)
🔴 Stop Loss:
Below recent low at 0.00000955
(Break below this = strong bearish continuation)
🟢 Take Profit Options:
Conservative TP:
0.00001010 → Close to previous support now acting as resistance.
Moderate TP:
0.00001018 → First major resistance level on recovery.
Aggressive TP:
0.00001033 - 0.00001050 → Only if price breaks through resistance with strong volume.
🧠 Risk Management:
Risk:Reward Ratio (R:R) should be at least 1:2
Don't over-leverage, especially with volatile meme coins like PEPE.
Would you like me to generate a visual version of this setup on the chart?
