🚨$PEPE /USDT Technical Analysis:🚨
👀Overview:
The $PEPE /USDT pair has been experiencing a strong upward trend, with recent price action suggesting further bullish momentum. However, the market is currently consolidating within a tight range, presenting potential opportunities for both long and short positions.
📈Long Entry:
* Entry: Consider a long entry at the breakout of the current consolidation range, around 0.00001099.
* Stop Loss: Place a stop loss below the recent swing low, around 0.00001027.
📉Short Entry:
* Entry: A short entry could be triggered by a break below the current consolidation range, below 0.00001099.
* Stop Loss: Place a stop loss above the recent swing high, around 0.00001110.
🔑📊Key Levels:
* Resistance: 0.00001110
* Support: 0.00001027
📝Important Note:
This analysis is based on technical indicators and past price action. It's crucial to conduct thorough research and consider additional factors before making any investment decisions. Always use risk management strategies like stop-loss orders to protect your capital.
⚠️Disclaimer: This post is for informational purposes only and does not constitute financial advice.
If you found this analysis helpful, please consider subscribing to my channel for more insights and updates.
🔥Follow me for daily updates🔥
