This chart illustrates a PEPE/USD trade setup on a 30-minute timeframe. The entry point is set at $9.99B, with a stop-loss (SL) at $9.75B to mitigate risk. The setup includes two profit targets:
Target 1 (T1): $10.26B
Target 2 (T2): $10.63B
The trade is based on a potential breakout above the descending trendline, aiming to test key resistance levels. This setup ensures a favorable risk-to-reward ratio while capitalizing on upward momentum.
Target 1 (T1): $10.26B
Target 2 (T2): $10.63B
The trade is based on a potential breakout above the descending trendline, aiming to test key resistance levels. This setup ensures a favorable risk-to-reward ratio while capitalizing on upward momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.