Smart entry opportunity on currency $PEPE after price explosion – Here’s the professional trader’s plan
Currency $PEPE surged strongly to break resistance levels one after another, reaching 0.00001522 USDT, with a growth rate of +19% over 24 hours. With the RSI indicator reaching 93.9, we are approaching a healthy and natural correction zone.
Proposed entry plan:
First buying area (Entry 1):
0.00001350 – 0.00001376
(Testing the last candle's support area – beginning of potential correction)
Second buying area (Entry 2):
0.00001160 – 0.00001190
Testing MA10 and the previous horizontal support level
Proposed stop-loss:
Below 0.00000980 with a clear break + high trading volume.
Expected short-term targets:
Target 1: 0.00001550
Target 2: 0.00001720
Target 3 (strong breakout): 0.00002000
Technical note:
The price has moved from the lower Bollinger range to the upper in a very short period, indicating a strong FOMO wave. The correction in this case is not weakness, but rather a new 'charging point' for launch.
Ready to enter on PEPE opportunity?