$PEPE
"BE CAREFUL, THE DANGER ZONE HAS BEEN TOUCHED!"
Hi guys!!!
Some of you are probably smiling at those recent green candles.
But hey, don’t get too carried away just yet…
As I’ve warned before, the price is now testing a Bearish Order Block on the Daily Time Frame.
This isn’t just any area, it’s the same zone that triggered a sharp drop back in January 2025, causing mass stop outs across the board.
In other words, it’s a historical distribution level respected by major players.
Interestingly, there’s also a Bearish OB on the Hourly Time Frame, and price just tapped into it recently.
From that zone, we can already see some rejection forming.
While it’s not extremely strong, it’s enough to raise a small red flag for those who jumped in thinking this is the start of a full-blown rally.
Our watch zone now lies within the Bullish OB at 0.00001091 - 0.00001064.
If price pulls back to this area and shows signs of reaction, it could offer a higher-probability.
But don’t forget, a valid new Higher High only occurs at 0.00001194.
And here’s the kicker:
The Daily Time Frame is still in a bearish state.
So don’t be too quick to assume every bounce means a reversal is happening.
A green candle for some could still be red for others…
What do you think, healthy pullback or emotional bait?
A small red flag in the candle could be your intuition whispering…
That's all, hopefully it will be useful for you to do independent analysis.
Stay disciplined in your Trading Plan and Risk Management.
Good luck guys !!!!