TradingOn

#1000PEPEUSDT #4h (ByBit) Descending trendline breakout & retest

Long
TradingOn Updated   
BYBIT:1000PEPEUSDT.P   1000PEPEUSDT Perpetual Contract
Pepe The Frog just regained 50MA support and is pulling back to it, seems to be heading towards 200MA resistance after.

⚡️⚡️ #1000PEPE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 5.0%

Current Price:
0.0116140

Entry Targets:
1) 0.0114203

Take-Profit Targets:
1) 0.0132591

Stop Targets:
1) 0.0104987

Published By: @TradingOn

PEPE 1000PEPEUSDT.P #Pepe #Meme pepe.vip

Risk/Reward= 1:2.0
Expected Profit= +80.5%
Possible Loss= -40.3%
Estimated Gaintime= 1 week
Order cancelled:
1000PEPEUSDT.P Cancelled ❌
Target achieved before entering the entry zone

PEPE pumped and hit TP quite accurately before being rejected on 200MA resistance.
Unfortunately entry was not properly filled but great bias anyway!


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