🔥 PEPE Leaving Oversold Area: Is This The Bottom?
In my most recent PEPE analysis I argued that it was likely that PEPE was forming some kind of bottom. The initial trade hit SL due to it being a bit too tight. However, the second trade is still in profit and is currently looking great.
For the people who missed the last entry, a new entry signal has emerged.
- PEPE is leaving the oversold (<30) area on the daily RSI.
- PEPE has formed a higher-low on the 4H time frame.
Entry placed at 114, which is yesterday's local top. SL under the swing low, around 104. Target still remains at 200.
For the people who missed the last entry, a new entry signal has emerged.
- PEPE is leaving the oversold (<30) area on the daily RSI.
- PEPE has formed a higher-low on the 4H time frame.
Entry placed at 114, which is yesterday's local top. SL under the swing low, around 104. Target still remains at 200.
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