PEPEUSDT.P The pain zone is my theorized take profit scenario for bag holders. It is the conjunction of 150% to 200% extension from the last major swing highs. Holders are being blinded by greed and and hoping for $1.
Just an idea.
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Approaching a pivot area(limit orders).
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Downside to go still.
Thank you for following.
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Other possible target extensions.
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Reached the limit orders.
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Liquidity zone.
p.s. Ouch, that liquidity grab.
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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.