PEPE to see a price reversal?
Updated
PEPE hit a crucial roadblock, a breaker block of $0.00000136 - $0.00000155, red. With a weak BTC below the 29.5k range-low, a price reversal could be likely at the above roadblock, offering a shorting opportunity.
Entry: $0.00000140
Take-profit: $0.00000120
Exit: $0.00000150
RR: 2
However, the H4 market structure was bullish, and a BTC cross above 29.5k could quickly invalidate the set-up.
Entry: $0.00000140
Take-profit: $0.00000120
Exit: $0.00000150
RR: 2
However, the H4 market structure was bullish, and a BTC cross above 29.5k could quickly invalidate the set-up.
Trade closed: target reached
The set-up was validated
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