$PEPE setup looks like a classic short-term momentum scalp, but execution will matter more than the levels themselves


Your entry zone is sitting close to a potential breakout area, so the key question is confirmation vs anticipation

If price breaks above resistance with volume and holds, the long setup becomes stronger

If it rejects near entry, you’re likely entering into a fake breakout or range top

The TP levels are reasonable for a momentum move, but remember meme coins can overshoot or reverse quickly—so partial profit-taking can help lock gains along the way

Your SL is well-defined, which is good. Just be aware that in assets like PEPE, sudden wicks can hit stops even if the trend later continues

Overall:
👉 Good structure for a scalp
👉 Needs confirmation before entry
👉 Risk management > prediction in meme coins

In this kind of market, survival matters more than catching every pump

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