$PEPE 🚀
PEPE's looking for a bounce after that recent shift in momentum.
Setup: Long
Entry: 0.000004
SL: 0.000004
Take Profit: 0.000005
The 1-hour trend is bullish and price is trading in the discount half of the dealing range, favoring longs. A bullish change of character occurred just two candles ago, breaking above 4.41e-06 to shift momentum. Price is now retesting near that level, which aligns with the edge of a recent bullish order block from five candles back. The nearest open sell-side liquidity below is at 4.296e-06, but a stop below the older bullish fair value gap at 4.11e-06 provides a cleaner level. The first logical target is the dealing range high and an open buy-side liquidity level at 5.061e-06, which also aligns with a bearish order block zone that has not yet been tested.
Keep it tight and see if the bulls can run it up to the range top.
#Futures #TradingSignals #PEPE
PEPE's looking for a bounce after that recent shift in momentum.
Setup: Long
Entry: 0.000004
SL: 0.000004
Take Profit: 0.000005
The 1-hour trend is bullish and price is trading in the discount half of the dealing range, favoring longs. A bullish change of character occurred just two candles ago, breaking above 4.41e-06 to shift momentum. Price is now retesting near that level, which aligns with the edge of a recent bullish order block from five candles back. The nearest open sell-side liquidity below is at 4.296e-06, but a stop below the older bullish fair value gap at 4.11e-06 provides a cleaner level. The first logical target is the dealing range high and an open buy-side liquidity level at 5.061e-06, which also aligns with a bearish order block zone that has not yet been tested.
Keep it tight and see if the bulls can run it up to the range top.
#Futures #TradingSignals #PEPE