$PEPE 1. Price Chart & Falling Wedge Pattern PEPE is currently trading within a falling wedge, a pattern that typically signals a bullish reversal upon breakout.
Price just bounced from a key support zone around 0.000000525 -0.000000690, forming a potential double bottom.
Still hugging the lower wedge boundary, meaning a breakout or a strong bounce is possible.
2. Ichimoku Cloud Price is below the Kumo cloud, confirming a bearish long-term trend.
However, both Tenkan-sen and Kijun-sen are flat, hinting at a potential squeeze before a big move.
The future cloud is narrowing, showing reduced resistance in case of a bullish breakout.
3. RSI (Relative Strength Index) RSI is around 30.12, entering oversold territory.
It's starting to curl upward, suggesting a possible bullish divergence.
4. WTO (Wave Trend Oscillator) WTO is deep in the oversold zone, and a green signal dot just appeared.
This often indicates early signs of momentum reversal or upcoming bounce.
5. MACD
MACD just flipped bullish with a crossover below the zero line classic early reversal signal. a
The histogram is turning green, confirming the downtrend is losing strength.
6. Cluster Algo
Both green and red lines are in deep oversold conditions, hovering close together a sign of consolidation.
A green dot just flashed, another indication that a bullish move may be coming.
Summary
Bullish signals:
Price sitting on major support + falling wedge pattern.
RSI, MACD, WTO all showing reversal potential.
Early signs of bullish divergence.
Caution:
Long-term trend still bearish (below Ichimoku cloud).
No significant volume spike yet to confirm a breakout.
Suggested Strategy (Not financial advice):
Speculative entry: around 0.00000070 0.00000073
Stop-loss: below 0.00000052
Take-profits:
TP1: 0.00000105 (Fibonacci 0.5)
TP2: 0.00000131 (Fibonacci 0.618)
TP3: 0.00000223 (Fibonacci 0.786)