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PEPE/USDT 1H: Bulls Poised for a Breakout to $0.00002100!
Pepe / USDT
Long
PEPE/USDT 1H: Bulls Poised for a Breakout to $0.00002100!
By Cryptokijker
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PEPE/USDT 1H Chart Analysis
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Current Market Analysis:
Price: Consolidating in a tight range.
RSI: Bullish divergence at 40, indicating potential reversal.
Support: $0.00001450
Resistance: $0.00001750
Trade Setup (Confidence Level: 7.5/10):
Entry Zone: $0.00001500-$0.00001550
Targets:
T1: $0.00001750 (previous resistance).
T2: $0.00001900.
T3: $0.00002100.
Stop Loss: Below $0.00001400.
Risk/Reward: Favorable with a 1:3 ratio.
Smart Money Analysis:
Accumulation: Visible at support level, suggesting preparation for an upward move.
Liquidity Target: Market makers likely aiming above $0.00001900.
RSI Divergence: Hidden bullish divergence supports the bullish case.
Risk Score: 7/10 (moderate risk, manageable with position sizing).
Recommendation:
A long position is favorable within the entry zone.
Employ strict risk management to safeguard against potential downside.
Watch for volume confirmation as price approaches resistance levels.
Confidence Level: 7.5/10 for a bullish setup.
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Chart Patterns
Technical Indicators
pepelong
PEPEUSDT
pepeusdtperp
Trend Analysis
Cryptokijker
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