KingCharts

PEPE USDT:- Anticipating bullish momentum?

Long
BINANCE:PEPEUSDT   PEPE / TetherUS
Buying Area - 150 - 155 :-
Currently, the pepe/USDT pair is consolidating within the buying area of 145-150 , representing a significant support zone. This zone has previously demonstrated robust buying pressure. However price can fakeout till 133 levels to grab liquidity from short sellers for further upmove.
Traders are advised to closely monitor this area for potential long positions, as it presents an attractive risk-reward ratio.

Price Targets - 205-210:-
Upon a successful bounce from the aforementioned buying area, we expect pepe/USDT to gain bullish momentum and surge towards two significant price targets of 205-210.
Traders are encouraged to set profit-taking levels accordingly, as these targets offer potential opportunities for capitalizing on the anticipated bullish move.

Stay informed, adapt to market dynamics, and make informed choices to optimize your trading experience.

#plan your trade and trade your plan.

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.