$1000PEPE
🚀 Buy Signal – 1000PEPE/USDT 🚀
📍 Ideal Entry Area (Caution Buy Area):
0.00385 - 0.00395
*Enter after confirming a closing candle above 0.00390*
🎯 Profit Taking Targets:
Target 1 (TP1): 0.00416 (EMA21 Resistance on 4H) ✅
Target 2 (TP2): 0.00432 (24 Hour High) ✅
Target 3 (TP3): 0.00437 (EMA50 Resistance on 4H) ✅
⛔ Strict Stop Loss:
0.00375 (Directly below support 0.0038392)
📊 Reasons for Buy Signal:
• Oversold on both large and medium timeframes:
- D1: RSI at 37.83 (Oversold)
- 4H: RSI at 39.03 (Oversold)
• Price near 24 Hour Low (0.0038392) with potential for a bounce
• Recent drop (-4.21%) creates a chance for a technical rebound
• High volume (548M USDT) supports liquidity presence
⚠️ Important Warnings:
1. The overall trend is strongly bearish - this is a rebound trade (Counter-Trend)
2. Meme coins are highly volatile - high risk
3. Strictly adhere to the stop loss at 0.00375
4. This is a short-term trade targeting only a technical rebound
🎯 Execution Strategy:
1. Enter at 0.00385-0.00395
2. Stop loss at 0.00375
3. Take 50% of the trade at TP1 (0.00416)
4. Move stop loss to breakeven upon reaching TP1
5. Take the remainder at TP2 and TP3
✨ Summary:
👉 Buy signal due to oversold conditions on D1 and 4H ✅
👉 Risk/Reward ratio is good (1:3)
👉 Timing: Now (with confirmation candle closing above 0.00390)
👉 Expected duration: 1-3 days
📌 Note: This is a technical rebound signal and not a change in the overall trend