TECHNICAL ANALYSIS: 🐸
Price Structure:
- Current price: $0.0001938 (+0.26%)
- Timeframe: 4H
- Trading within ascending channel
- Fair Value Gap (FVG) identified on 1D
Key Levels:
- Support zone: 0.000018-0.000019
- Resistance zone: 0.000026
- Target: 0.000014 (80.30% potential)
Technical Observations:
- Strong ascending channel since November
- 1D FVG (Fair Value Gap) needs filling
- Price showing consolidation at channel support
- Moving average (SMA) providing dynamic support
Trade Setup:
▪️ Entry Zone: 0.000017-0.00019
▪️ Target: 0.000032 (80.30%)
▪️ Stop Loss: Below channel support
▪️ Key resistance break: 0.000026
Risk Management:
- Channel support must hold
- Volume confirmation needed for breakout
- Tight stops below channel support recommended
Timeframe: 4H
Bias: Bullish within channel
Pattern: Ascending Channel
Note: Meme coins are highly volatile. Use proper position sizing. This is technical analysis only. DYOR.
#PEPE #Crypto #TechnicalAnalysis #Binance
PEPE
Key Point: Watch for volume confirmation at FVG fill levels for potential reversal signals.
Price Structure:
- Current price: $0.0001938 (+0.26%)
- Timeframe: 4H
- Trading within ascending channel
- Fair Value Gap (FVG) identified on 1D
Key Levels:
- Support zone: 0.000018-0.000019
- Resistance zone: 0.000026
- Target: 0.000014 (80.30% potential)
Technical Observations:
- Strong ascending channel since November
- 1D FVG (Fair Value Gap) needs filling
- Price showing consolidation at channel support
- Moving average (SMA) providing dynamic support
Trade Setup:
▪️ Entry Zone: 0.000017-0.00019
▪️ Target: 0.000032 (80.30%)
▪️ Stop Loss: Below channel support
▪️ Key resistance break: 0.000026
Risk Management:
- Channel support must hold
- Volume confirmation needed for breakout
- Tight stops below channel support recommended
Timeframe: 4H
Bias: Bullish within channel
Pattern: Ascending Channel
Note: Meme coins are highly volatile. Use proper position sizing. This is technical analysis only. DYOR.
#PEPE #Crypto #TechnicalAnalysis #Binance
PEPE Key Point: Watch for volume confirmation at FVG fill levels for potential reversal signals.
Trade active
WE REACH DEMAND ZONE AND FVG TRADE ACTIVED NOW
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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.
Related publications
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.