🔥 PEPE Oversold Bounce From Support: Great Risk Reward!

PEPE has been trading horizontally for almost a month at this point. In that time, buying from hourly oversold areas has been proven to be very profitable.

As of this morning, PEPE has successfully bounced from the diagonal purple support line whilst being hourly oversold. These two in conjunction make it more likely for the reversal to play out.

Target at the monthly highs, stop just below the swing low.