PepeUSDT Cup and Handle Pattern - Bullish Continuation

Description:
PepeUSDT has recently touched its first resistance level and is now forming a cup and handle pattern, indicating potential bullish continuation. The cup and handle pattern suggests a period of consolidation followed by a breakout towards higher resistance levels. Traders may consider entering a long position with a target at the second resistance level, anticipating a bullish move. However, it's essential to monitor the pattern's development and confirm the breakout before entering the trade.

Entry: Upon confirmation of the handle formation and breakout above the handle's resistance.
Stop Loss: Below the recent swing low or the pattern's lower boundary.
Target: Second resistance level or based on subsequent price action.
Risk/Reward Ratio: Adjust according to personal risk tolerance and market conditions.

Remember to perform thorough analysis and risk management before executing any trades.