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PEPEUSDT SPOT
Long

PEPE/USDT Ascending Channel Breakout Watch

236
The price is currently moving within an ascending channel pattern, indicating a potential bullish continuation. A breakout to the upside is expected, but confirmation is key. We'll look to accumulate PEPE near the lower trendline support around 0.0001995 for a long position. The breakout target is set at 0.0002412, offering a promising risk-to-reward opportunity. Ensure proper risk management by placing stop-losses below the lower trendline. Keep an eye on volume during the breakout attempt for stronger validation.
wolfchemist
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1000pepeusdtbreakoutChart PatternsMEMEmemeanalysismemecoinParallel ChannelparallelchannelsPEPEUSDTrangingwedgebreakoutWedge

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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.
1000pepeusdtbreakoutChart PatternsMEMEmemeanalysismemecoinParallel ChannelparallelchannelsPEPEUSDTrangingwedgebreakoutWedge
wolfchemist
Also on:

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.