PEPE: Triangle Breakout Setup!

Updated Long Position Setup:

Based on an **entry level of $7.79 B**, here is the revised long position strategy:
**Key Levels for Long Position:**

1. **Entry Point:**
Enter a **long position** at **$7.79 B** (current price or confirmed breakout above).

2. **Stop Loss (SL):**
Place your **stop loss** below the recent support or lower trendline at **$7.32 B** to manage risk effectively.

3. **Take Profit (Targets):**
- **Target 1 (T1):** **$8.27 B** (immediate resistance level).
- **Target 2 (T2):** **$8.98 B** (potential breakout level above resistance).



**Trade Management:
- Monitor the breakout carefully; confirmation occurs if the price closes above **$7.79 B** with increased volume.
- Once the price hits **$8.27 B**, adjust your stop loss to **breakeven ($7.79 B)** to secure the trade.
- If momentum is strong, aim for the second target at **$8.98 B**, locking in partial profits along the way.