$PEPE - Bulls are Maintaining Control:
Market Overview:
Trend & Price Action
- Current Price: 0.0080714
- Short-Term Trend: Bullish, but showing early signs of consolidation
- High: 0.0082096 (recent swing high)
- Support Zone: Around 0.0079734 (MA25/MA99 cluster support)
- Price is slightly below the 7-period MA — a minor pullback from recent highs
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Moving Averages (MA)
- MA(7): 0.0081049 (just above price)
- MA(25): 0.0080203 (acting as local support)
- MA(99): 0.0078902 (longer-term support)
Interpretation:
Price is still above MA(25) and MA(99), which supports a bullish bias. As long as it stays above 0.00797, bulls maintain control.
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Volume
- Volume surged during the breakout toward 0.00820, then dropped off.
- Lower volume during the current pullback is healthy for bullish continuation — shows lack of strong selling pressure.
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## Trade Scenarios
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Scenario 1: Long (Bullish Continuation)
Entry:
- Ideal buy zone: 0.00800–0.00802 (near MA25 support zone)
Confirmation:
- Bullish candle (hammer or engulfing) on this level
- RSI(6) bounce off 40–45 zone
Targets:
- TP1: 0.00820 (previous high)
- TP2: 0.00828–0.00830 (Fibonacci extension & resistance zone)
Stop Loss:
- Below 0.00796 (under MA99 and local structure)
Risk/Reward: ~1:2
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Scenario 2: Short (If Breakdown)
Only valid if price breaks below MA25 + MA99, ideally confirmed with RSI breaking below 45 and volume spike.
Entry:
- Short if 15m candle closes below 0.00796
Targets:
- TP1: 0.00789 (MA99 support)
- TP2: 0.00784–0.00780
Stop Loss:
- Above 0.00803
Risk/Reward: 1:1.8+
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