$PEPE Alert: Proceed with Caution – Entering High-Risk Territory
Hey traders,
Celebrating those recent green candles? Totally understandable—momentum can be exciting. But now’s the time to zoom out and reassess.
Currently, $PEPE is approaching a critical supply zone on the Daily Chart—the same region that sparked the heavy January 2025 correction. That drop cleared out leveraged positions and triggered widespread stop-losses.
This isn’t just any resistance—this level has historically been a liquidity pocket where smart money distributes. It's been respected before, and there’s no reason to assume it won’t be again.
Even more concerning, the Hourly Chart is showing price tapping into a fresh Bearish Order Block. The reaction isn’t dramatic—yet—but subtle signs of rejection are emerging. For those betting on a breakout, this could be a trap disguised as strength.
Key Levels to Keep on Your Radar:
Support Zone (Bullish OB): 0.00001091 – 0.00001064
If we pull back and find a solid bounce here, that could offer a cleaner entry with better risk-reward.
Structure Shift Confirmation: A new Higher High only prints above 0.00001194. Until then, the broader trend still leans bearish.
So, let’s not get caught up in short-term green. The current bounce may look promising, but without a structural break, it’s just that—a bounce.
Ask yourself:
Are we witnessing a healthy correction, or is this a psychological trap?
That slight wick of hesitation in recent candles? That could be your instinct warning you.
Stick to your plan, manage your risk, and stay objective.
Trade with discipline.
