weslad

Pepeusdt trading idea

weslad Updated   
BINANCE:PEPEUSDT   PEPE / TetherUS
Pepeusdt has successfully reached its impressive, inverted head and shoulders (ISHS) target, demonstrating stability above this significant bullish reversal pattern. Currently, there are indications of potential consolidation in the form of a bullish pennant, further reinforcing the bullish sentiment. If this scenario unfolds as anticipated, our profit-taking strategy will focus on the extended ISHS target and the final pennant target, as outlined on the chart.

It's noteworthy that the primary ISHS target will now serve as a robust immediate support level on the downside. Given the inherent volatility of Pepeusdt, exercising caution and implementing prudent risk management practices are essential. Your valuable insights and opinions on this coin are warmly welcomed for further discussion.
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