This setup is a long (buy) strategy on the 1000PEPEUSDT.P pair, targeting a potential rebound from a key short-term support zone after a sharp pullback.
Setup Details:
Position: Long
Entry Price: 0.0108444
Stop Loss: 0.0106394
Take Profit: 0.0120046
Risk-to-Reward Ratio (RRR): ~5.66
Timeframe: Likely 1H or 4H based on candle size
Rationale:
Price is approaching a strong horizontal support zone that has held multiple times in the past.
The most recent candle has a long lower wick, indicating buying pressure or rejection of lower prices.
The trade anticipates a quick bullish reaction from this support level.
Take profit is set near a previous minor resistance / swing-high.
Summary:
This is a demand-zone reversal play suitable for scalpers or intraday traders looking for a high RRR bounce setup. Ideal confirmation would be a bullish engulfing or momentum candle forming after entry.
Setup Details:
Position: Long
Entry Price: 0.0108444
Stop Loss: 0.0106394
Take Profit: 0.0120046
Risk-to-Reward Ratio (RRR): ~5.66
Timeframe: Likely 1H or 4H based on candle size
Rationale:
Price is approaching a strong horizontal support zone that has held multiple times in the past.
The most recent candle has a long lower wick, indicating buying pressure or rejection of lower prices.
The trade anticipates a quick bullish reaction from this support level.
Take profit is set near a previous minor resistance / swing-high.
Summary:
This is a demand-zone reversal play suitable for scalpers or intraday traders looking for a high RRR bounce setup. Ideal confirmation would be a bullish engulfing or momentum candle forming after entry.
交易進行
Move Stop LOSS to Entry. Free of Risk.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。