$PEPE / USDT
The essentials of the moment:
Current price: around $0.00001043 (1.279e-9 USD), with a slight intraday rise.
Critical support around $0.00001000: PEPE fell sharply after massive sales by whales, but managed to hold this key support zone.
Technical pattern with explosive potential: on the 4-hour chart, a symmetrical triangle is forming, whose breakout upwards could trigger a rally of up to 99%.
Notable immediate resistance at $0.00001500: After a ~2.75% rebound, the price faces this level as the first major obstacle.
Volatility and reversal outlook:
Some analysts expect a retest of lower supports ($0.00001023 or even $0.00000943) before any bounce, as the technical trend remains bearish in the short term.
Technical Scenarios
Scenario Key Condition Potential Targets
Bullish Sustained close above $0.0000150 Rally towards $0.000017–$0.000020 and more if it breaks the triangle
Neutral Consolidation between $0.0000100–$0.0000120 Contemplative zone before deciding direction
Bearish Break below $0.0000094 Risk of falling towards $0.0000090 or less
Express Recommendation
Buy, if PEPE manages to close above $0.0000150, confirming the technical breakout.
Wait, if it remains within the range and especially if it retraces towards $0.0000100–$0.0000094, looking for signs of strength before trading.