#BreakoutTradingStrategy The takeoff is approaching, ready to break the resistance wall....
It shows an impressive strength on the fifteen-minute chart, steadily rising after reclaiming the level of 0.00001000.
With clean bullish candles and increasing volume, it is now pressing against the resistance of 0.00001028. A breakout from here could lead to a swift upward movement.
Setting up a buy trade:
• Entry area: 0.00001024 – 0.00001027
• Stop loss: below 0.00000995
• Target 1: 0.00001050
• Target 2: 0.00001085
• Target 3: 0.00001130
Market outlook:
PEPE respects its bullish structure with higher lows.
If the price remains above 0.00001020 and breaks 0.00001028, expect a swift movement towards higher levels.
A short consolidation here could provide the ideal entry before the next push.
PEPE
0.0000104
+1.86%
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