1000PEPEUSDT.P trade ideas
💎Get ready for some action with PEPEUSDT💎 Paradisers, #PEPE has broken out of its descending channel and formed an inverse head and shoulders pattern, presenting an opportunity for a small scalp trade.
💎If #PEPEUSDT breaks above the resistance level, we can expect a bullish move. However, my targets are modest due to the current market volatility.
💎In the event of a pullback, we can anticipate a bounce from the bullish Order Block (OB), but confirmation is necessary here. The targets for this potential bounce will also be small.
💎Should the price drop below the bullish OB, it would be considered bearish, but it would be advisable to disregard it in that case, focusing instead on more favorable trading conditions.
🚀PEPE: Stay focused on bullish opportunities💎Paradisers, #PEPE has form a falling wedge pattern and shown signs of bullishness from the demand area.
💎If #PEPEUSDT breaks out above the resistant zone, it will form a W pattern, indicating potential targets till the next resistant levels.
💎In the event of a pullback, we can anticipate a bounce from the demand level, which is supporting the current bullish sentiment.
💎However, if the price breaks down below the demand level, it may be considered bearish. Nevertheless, I am not interested in bearish moves at the moment, it's better to ignore such scenarios and focus on potential bullish opportunities.
💎Keep a close watch on #PEPE's price action for confirmation of its next move and adjust your trading strategy accordingly. MyCryptoParadise
iFeel the success🌴
