To future trade PEPE/FDUSD based on the image you provided (3-minute chart), here's how to approach it step by step, along with entry, stop-loss, and take-profit levels:
š Market Overview
Current Price: 0.00001040
Recent High: 0.00001051
Recent Low: 0.00000977
Trend: Recent bullish move followed by a pullback; currently consolidating near 0.00001040.
MACD: Bearish crossover, showing short-term weakness.
ā Recommended Futures Trade Setup
1. Entry Point
Entry Long (Buy): 0.00001035 ā 0.00001038
Enter when you see price hold above 0.00001035 after minor pullback or consolidation.
Entry Short (Sell) (if bearish momentum continues): Below 0.00001030
2. Stop-Loss
For Long Entry: 0.00001020
Protects you in case price breaks down through recent minor support.
For Short Entry: 0.00001050
Above recent peak, invalidates short setup.
3. Take-Profit Targets
For Long:
TP1: 0.00001047
TP2: 0.00001051 (last local high)
TP3 (Extended): 0.00001060 if volume increases.
For Short:
TP1: 0.00001020
TP2: 0.00000995 (previous consolidation support)
š Strategy Tips for Futures on Binance:
Use 3x or 5x leverage max for high-volatility coins like PEPE.
Watch MACD/Volume on 5-minute and 15-minute charts for confirmation.
Always place a stop-loss to avoid liquidation.
Use isolated margin mode to control risk on each trade.
Monitor Binance Funding Rate if holding positions longer.
Would you like me to draw this trade visually on a chart for better understanding?
