To begin with, I want to ask you if you have a trader that you like? Write in the comments 👇🏻
I like the story of perhaps not the most successful, but quite an interesting stock speculator Jesse Lauriston Livermore. One of his rules was, "Do not enter the market when there are no clear trading opportunities."
I give you my entry forecast for my favorite #PEPE with analysis, I would appreciate comments under this post👇🏻
📊 Technical analysis (Momentum Analysis)
Currently #1000PEPEUSDT PEPE is moving in close correlation with Ethereum. After local testing of the support zone, we are seeing the formation of a 'bull flag' on the 15-minute timeframe.
• Support level: $0.00000338. This is the boundary where buyer liquidity exceeds seller pressure.
• Indicators: RSI(14) has returned to the 50 zone after being oversold, providing space for new momentum without immediate overheating.
• Volumes: We are seeing abnormal spikes at the lower bounds — a sign that a large player is accumulating a position at the expense of small traders' stop-losses.
🎯 My forecast and strategy
I do not believe in 'moon' predictions, I believe in price action. My plan for the next few hours:
1. Entry point (Long): Ideally around $0.00000338 – $0.00000340.
2. First target (TP1): $0.00000355. Here we will encounter the first serious resistance and will take part of the profit.
3. Second target (TP2): $0.00000380. The level of cascading liquidations for short sellers.
4. Protection (Stop-Loss): Strict exit below $0.00000328. Remember: the first loss is the smallest loss.
#PEPE #CryptoTrading #LivermoreStrategy #BinanceSquare #smileafterburn
