Entry Zone: 0.00001400 – 0.00001410
Take Profit 1: 0.00001445
Take Profit 2: 0.00001480
Stop Loss: Below 0.00001380
$PEPE /
The frog might be down, but he’s far from out.
$PEPE is once again making headlines as it hovers above a major demand zone, retesting key structural levels after a clean breakdown and a Change of Character (CHoCH). With price now consolidating in a tight range, eyes are glued to the charts — and for good reason. The next move could define PEPE’s short-term trajectory in a big way.
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What’s Happening on the Chart?
After an aggressive sell-off, $Pepe tapped into an area packed with confluences — a Fair Value Gap (FVG) combined with historical support — creating a high-probability zone for a bullish reaction. The recent liquidity sweep triggered stop losses below the prior low, hinting at a possible reversal trap for impatient shorts.
As price compresses, we’re seeing signs of accumulation. The market is pausing, coiling up energy — and in crypto, that usually leads to explosive moves.
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Trade Idea & Key Levels
If you’re planning to trade the frog’s bounce, here’s a refined trade setup based on current market structure:
This setup is based on reclaiming the FVG and flipping the intraday structure bullish. Once the price shows confirmation via a bullish engulfing or a strong candle close on lower timeframes (M5-M15), it could act as your green light to enter.
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Why This Setup Matters
Key Support Still Intact: The zone has acted as support multiple times in the past — and price is respecting it again.
Liquidity Grab Done: Stop-hunt below recent lows suggests market makers may have cleared the field.
Fair Value Gap Revisited: Prices often bounce when re-entering FVG zones if buyers show strength.
Consolidation Indicates Decision Point: Sideways movement is often the calm before the storm.
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Pro Tip for Smart Traders
Don’t rush in blindly. Look for confirmation, such as:
Bullish engulfing candle on the 5m/15m chart
Higher low formation
Break of intraday trendline
These signs often precede a strong push and reduce the risk of false breakouts.
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Final Thoughts
$Pepe.is testing a key level that could define its next move. Bulls have a window of opportunity here — if they reclaim this zone, momentum could shift rapidly. If not, the next support lies deeper below, and caution will be necessary.
The market is watching. Will the frog leap or get dragged further down the pond?
If you’re betting on a bounce, drop a “PEPE STRONG” in the comments and show support for the meme king’s comeback!
#PEPE #noobtoprotrader #TradeLessons #NewsTrade #CryptoCPIWatch $PEPE