$1000PEPE is holding its ground after a strong recovery from $0.0038368, but the chart is now sitting right under a key breakout zone.
Price at $0.0040875 is consolidating beneath $0.00410, while the recent swing high at $0.0041545 is the bigger resistance. I like the structure, but I don't want to chase inside the range.
Plan: Conditional Long
Entry: $0.004105–$0.004125 after a confirmed 15m breakout
Stop Loss: $0.004025
TP1: $0.004155
TP2: $0.004185
TP3: $0.004250
Bullish scenario: a clean close above $0.00410 followed by a successful retest could open the path toward the recent high and potentially higher.
Bearish scenario: rejection around $0.00410–$0.00415 followed by a break below $0.00403 would weaken the structure and bring $0.00396 back into focus.
My read: the trend has improved considerably, but the breakout still needs to prove itself.
Does $1000PEPE have enough pressure to clear $0.00415 this time?
#BitcoinStrongestWeekSinceMarch2023 #AnthropicIPOCouldTopSpaceXRecordReportsSay #NvidiaAIServerPricesRiseOver15% #BSTREndsCantorSPACGoPublicPlan #USCanadaTradeTalksCollapseCanadaVowsRetaliation
Price at $0.0040875 is consolidating beneath $0.00410, while the recent swing high at $0.0041545 is the bigger resistance. I like the structure, but I don't want to chase inside the range.
Plan: Conditional Long
Entry: $0.004105–$0.004125 after a confirmed 15m breakout
Stop Loss: $0.004025
TP1: $0.004155
TP2: $0.004185
TP3: $0.004250
Bullish scenario: a clean close above $0.00410 followed by a successful retest could open the path toward the recent high and potentially higher.
Bearish scenario: rejection around $0.00410–$0.00415 followed by a break below $0.00403 would weaken the structure and bring $0.00396 back into focus.
My read: the trend has improved considerably, but the breakout still needs to prove itself.
Does $1000PEPE have enough pressure to clear $0.00415 this time?
#BitcoinStrongestWeekSinceMarch2023 #AnthropicIPOCouldTopSpaceXRecordReportsSay #NvidiaAIServerPricesRiseOver15% #BSTREndsCantorSPACGoPublicPlan #USCanadaTradeTalksCollapseCanadaVowsRetaliation