PEPE is still in a downtrend despite the 6 June sharp rally - chalking an overall descending channel. The range high has been a key obstacle.
A likely price rejection at the range high could set PEPE to retreat to the mid-range or lower range, especially if BTC falters at $26.6k.
Entry: $0.00000119
Target: $0.00000100
Exit: $0.00000126
RR: 2.7
A likely price rejection at the range high could set PEPE to retreat to the mid-range or lower range, especially if BTC falters at $26.6k.
Entry: $0.00000119
Target: $0.00000100
Exit: $0.00000126
RR: 2.7
Trade closed: target reached
Entry was hit and target reached.
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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.