$PEPE Bulls Gearing Up Again? Here's the Play๐๐
Current Price: 0.00001404๐ฆ
Chart Timeframes: 1H & 4Hโ
Trend: Bullish (Support Hold + Accumulation Phase)
Whatโs Happening?๐ค๐ฅ
$PEPE has bounced twice from the strong demand zone (0.00001358โ0.00001376) and is holding firm above key EMAs. A bullish BOS was confirmed on the lower timeframes, and now price is consolidating just under the 0.00001450 resistance. This is classic bullish compression โ a breakout could be near!
1H Observations:๐
Clean BOS after demand zone retest
Higher lows forming
Stochastic RSI reversing from oversold = possible short-term pump
4H Setup:๐ฐ
Price structure shows CHoCH + BOS
Holding above 200 EMA = strong trend support
Tight consolidation hints at a breakout
Volume buildup expected above 0.00001450
Trade Setup Plan๐งโ๐ป
Entry Zone: 0.00001380 โ 0.00001400โ
Target 1: 0.00001520๐ฏ
Target 2: 0.00001650๐ฏ
Stoploss: 0.00001330 (Daily close below support zone)โฃ๏ธ
Trade Duration: 2โ3 Daysโ
Why Bullish?๐ค๐ฅ
Strong zone defended by bulls
Structure shift from bearish to bullish
Stochastic momentum recovery
EMAs acting as springboards for the next leg up
Pro Takeaway:๐จโ๐ซ
โSmart entries happen in quiet zones. Noise comes after breakout.โ
Disclaimer:โ ๏ธ
This is not financial advice. Please do your own research and manage risk smartly.
