If $1000PEPE continues to absorb selling pressure at this level, the next move could punish late short positions.
$1000PEPE - LONG
Trade Plan:
Entry: 0.00380 – 0.00382
SL: 0.00375
TP1: 0.00387
TP2: 0.00389
TP3: 0.00393
Why this setup?
The 4h chart structure favors a LONG, supported by a range-bound daily backdrop. Focus remains on the reaction near 0.00380–0.00382 (mid 0.00381). RSI 15m at 57 still supports upside, with momentum neutral enough for continuation. 15m volume shows 187.46M against a 658.25M 1H baseline (0.28x), keeping this reaction relatively light.
Debate:
Is this a genuine confirmation, or a move that will quickly reverse?
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