PEPE hit a crucial roadblock, a breaker block of $0.00000136 - $0.00000155, red. With a weak BTC below the $29.5k range-low, a price reversal could be likely at the above roadblock, offering a shorting opportunity.
Entry: $0.00000140
Take-profit: $0.00000120
Exit: $0.00000150
RR: 2
However, the H4 market structure was bullish, and a BTC cross above $29.5k could quickly invalidate the set-up.
Entry: $0.00000140
Take-profit: $0.00000120
Exit: $0.00000150
RR: 2
However, the H4 market structure was bullish, and a BTC cross above $29.5k could quickly invalidate the set-up.
Trade closed: target reached:
The set-up was validated
The set-up was validated