PEPE/USDT - Rising Channel with FVG Fill Target
2025-01-01
Category: None

TECHNICAL ANALYSIS:  🐸

Price Structure:
- Current price: $0.0001938 (+0.26%)
- Timeframe: 4H
- Trading within ascending channel
- Fair Value Gap (FVG) identified on 1D

Key Levels:
- Support zone: 0.000018-0.000019
- Resistance zone: 0.000026
- Target: 0.000014 (80.30% potential)

Technical Observations:
- Strong ascending channel since November
- 1D FVG (Fair Value Gap) needs filling
- Price showing consolidation at channel support
- Moving average (SMA) providing dynamic support

Trade Setup:
▪️ Entry Zone: 0.000017-0.00019
▪️ Target: 0.000032 (80.30%)
▪️ Stop Loss: Below channel support
▪️ Key resistance break: 0.000026

Risk Management:
- Channel support must hold
- Volume confirmation needed for breakout
- Tight stops below channel support recommended

Timeframe: 4H
Bias: Bullish within channel
Pattern: Ascending Channel

Note: Meme coins are highly volatile. Use proper position sizing. This is technical analysis only. DYOR.

#PEPE #Crypto #TechnicalAnalysis #Binance   CRYPTOCAP:PEPE  

Key Point: Watch for volume confirmation at FVG fill levels for potential reversal signals.