📈 High-Winning Trading Strategy - Long $PEPE /USDT (4h)
Entry Zone: 0.00000460 - 0.00000470 (EMA confluence zone) and a bullish reversal signal (such as a Pin Bar or Bullish Engulfing) appears on the 4H or 1H timeframe
Stop Loss (SL): 0.00000450
TP1: 0.00000505 (Retest the previous highest peak)
TP2: 0.00000530
TP3: 0.00000600
📊 Overall Context
Trend (Medium-term): The PEPE price has established a clear uptrend after recovering from the 0.00000395 bottom. The market structure continues to maintain higher highs and lows
Most recent peak: Price just created a new peak at 0.00000507
After reaching the peak of 0.00000507, the price is undergoing a downward correction, but the previous upward momentum was very strong
EMA 18 (0.00000471) is above EMA 70 (0.00000461), confirming a Golden Cross and the uptrend is being maintained
💎 With the strong uptrend confirmed by the Golden Cross and the price correcting to a key support zone, the optimal strategy is to Long (Buy) at the support zone to take advantage of the continuation #MEME
⚠️ Absolutely do not enter a Long order immediately when the price touches the EMA. Always wait for a bullish reversal candlestick signal to confirm that buying pressure has returned