PEPE/USDT Ascending Channel Breakout Watch
2025-01-06
Category: None

The price is currently moving within an ascending channel pattern, indicating a potential bullish continuation. A breakout to the upside is expected, but confirmation is key. We'll look to accumulate PEPE near the lower trendline support around 0.0001995 for a long position. The breakout target is set at 0.0002412, offering a promising risk-to-reward opportunity. Ensure proper risk management by placing stop-losses below the lower trendline. Keep an eye on volume during the breakout attempt for stronger validation.