PEPEUSDT has just broken its previous high and is attempting to retrace to the 0.00000665 - 0.00000656 range. This could present an opportunity to join the uptrend.
Price reversal confirmation >0.00000679.
Upside target 0.00000728 - 0.00000737.
Invalid level below 0.00000663
Price reversal confirmation >0.00000679.
Upside target 0.00000728 - 0.00000737.
Invalid level below 0.00000663
Trade closed: target reached
UPDATEAlthough PEPEUSDT briefly dipped below the invalidation level at 0.00000663, the price held within the broader support zone and eventually rallied to hit both target zones at 0.00000728–0.00000737.
The setup took 2 days to play out. Monitoring for the next potential leg.
Risk management is key — not every invalidation means full breakdown, always look at the bigger context.
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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.