$PEPE
/USDT STRONG BULLISH BREAKOUT SETUP – MOMENTUM BUILDING FOR NEXT LEG UP
$PEPE is showing a clean bullish market structure with higher highs and higher lows forming on the short-term timeframe. Price has successfully reclaimed the key resistance zone and is holding above the breakout level, indicating strong buyer presence. Volume expansion confirms accumulation, while moving averages are aligned upward, supporting continuation toward higher targets.
A bullish flag formation is developing, suggesting another impulsive move is likely once consolidation completes. RSI remains in bullish territory without extreme overbought conditions, leaving room for further upside.
LONG ENTRY: On breakout and close above immediate resistance zone.
TP1: First resistance zone (recent swing high)
TP2: Psychological resistance level
TP3: Major supply zone from previous distribution range
SL: Below the recent higher low / below breakout structure
Risk Management: Risk only 1–2% of total capital per trade. Use proper position sizing and trail stop to secure profits as price approaches targets.