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Pepe / USDT
Long

PEPE Eyes $0.00002000: Bullish Momentum Builds Above!

520
PEPE/USDT 4H Chart Analysis
Equilibrium established: PEPE is stabilizing at $0.00001867 after a bounce from the discount zone, showing signs of bullish momentum supported by RSI.

Current price: $0.00001867.

  1. Key levels:


  • Support:
  • POL (Point of Loss): $0.00001700.
  • POH (Point of Hold): $0.00001750 (key level for continued bullish structure).
  • Resistance: $0.00002100 (premium zone, key breakout target).
  • Momentum shift: RSI indicates a bullish reversal, aligning with the recent bounce from the discount zone.


  1. Trade setup:


  • Entry: Current level ($0.00001867) or on a pullback near $0.00001750 (POH).
  • Target: $0.00002000 (short-term resistance level).
  • Stop loss: Below $0.00001700 (POL) to minimize risk.
  • Risk-to-reward: Favorable setup, especially if price holds above POH.
  • Confidence level: 7/10 for bullish continuation.


  1. Considerations:


  • Support test: Ensure price holds above POH ($0.00001750) to validate bullish continuation.
  • Momentum confirmation: Monitor RSI and volume for sustained upward pressure.
  • Resistance reaction: Be cautious around $0.00002100; strong resistance could trigger a pullback.

This setup suggests a potential upside to $0.00002000, provided support levels hold. Tight risk management is essential near volatile zones.
Cryptokijker
4hChart PatternsTechnical IndicatorspepePEPEUSDTTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
4hChart PatternsTechnical IndicatorspepePEPEUSDTTrend Analysis
Cryptokijker

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.