$PEPE : SIDEWAYS CONSOLIDATION AFTER A DIP – WATCH FOR BREAKOUT
After a deep correction from the $0.00001296 zone, $PEPE found support at $0.00001037 and is now consolidating tightly around $0.00001148 on the 4H chart. The recent candles suggest reduced volatility with steady accumulation, but momentum remains neutral. A strong volume breakout is needed to confirm the next trend.
📊 Market Overview
Current Price: $0.00001148
24H High / Low: $0.00001168 / $0.00001133
Short-Term Sentiment: Neutral with low volatility
📈 Technical Highlights
Parabolic SAR: Flipping bullish with dots below price (supportive)
MA(5) vs MA(10): Still converging, indicating indecision
Key Support: $0.00001081 / $0.00001037
Resistance Levels: $0.00001195 / $0.00001252
🎯 Trade Setup (Range Break Play)
Entry (Breakout): Above $0.00001195
TP1: $0.00001252
TP2: $0.00001309
Stop Loss: $0.00001074
If $PEPE maintains structure above the SAR line and breaks resistance on volume, a short-term rally could be initiated. Stay alert for a shift in volume dynamics.