🐸 $PEPE Trade Setup: The Next Leap? 🚀
The frog is showing signs of a breakout! If you are looking for a strategic entry, here is the current technical setup for $PEPE:
📉 Entry Zones (Buy Range)
Optimal Entry: Near the current support level (check your 4H chart for a bounce).
Dollar Cost Averaging (DCA): If the price dips, consider adding more in the $0.00000850 - $0.00000950 range (adjust based on current zeros).
🎯 Take Profit (TP) Targets
Target 1 (Conservative): 10-15% gain from entry (Safe exit for scalpers).
Target 2 (Mid-term): Previous local resistance level.
Target 3 (Moonshot): Breaking the psychological barrier and aiming for a new ATH.
🛡️ Risk Management (Stop-Loss)
Stop-Loss (SL): Place it strictly 5-7% below your entry point or below the recent swing low to protect your capital.
Pro Tip: Always wait for a 15-minute or 1-hour candle to close above the resistance before jumping in for a breakout trade. Don't FOMO at the top!
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Are you Bullish or Bearish on PEPE today? Let’s discuss in the comments! 👇