2nd attempt: PEPE 10x parabolic run in Feb-March
2025-02-07
Category: None

The first trade idea was stopped out (), but we are going for a 2nd attempt at entering this trade close to the bottom.

On lower timeframes we have a potential 1-5 and A-B-C wave structure completed which COULD mean PEPE is about to reverse from current price level.

12-15x from current level would imply a market cap of $50-65B at the peak. If reached, this should mark a major multi-year high.

Entry: 0.00000928
Stop loss: 0.00000898 (red line)
Target price: 0.00012 - 0.00016
Target time: late March - April
Profit potential: 12-15x