Let's analyze the weekly chart of #PEPE

Here is a complete analysis considering the main visible elements:

📊 General Context

Chart time frame: 1W (weekly)

Pair: PEPEBRL (Pepe in reais)

Visual tools: Fibonacci, EMA20, volume

🔍 Fibonacci Technique

You have drawn a Fibonacci retracement starting from the top (0.000017243) to the bottom (0.000003142). The important levels are:

Currently, the price is at 0.00005053, still below the 0.236 retracement. This indicates that there has not yet been a solid reversal – the price is just exiting a consolidation/drop zone.

📈 Exponential Moving Average of 20 (EMA 20)

The EMA 20 is at 0.00005923, above the current price.

This still characterizes a downtrend on the weekly.

Breaking this EMA strongly would be the first positive technical signal.

📉 Volume

The most recent volume appears to be increasing, which may indicate that buying interest is starting to return.

⚠️ Attention Zones

Strong support: Region of 0.00003142 (previous bottom).

Immediate resistance: EMA 20 and the level of 0.000059 (average and previous resistance).

Decisive resistance: 0.00008632 (38.2% Fibonacci) — if it breaks here strongly and with volume, it could reach higher levels.

📌 Interpretation

The asset is coming from a strong correction.

It is trying to form a double bottom in the region of 0.000044–0.000050.

Breakouts of the EMA and the Fibonacci levels will be signs that the asset may be reversing to the upside in the medium term.

The trend will only be more solidly reversed upon breaking 0.00008632 and consolidating above.

🎯 Possible Technical Strategy (not a recommendation)

If you are already positioned below 0.000041...

Plan A (swing trade): hold while above 0.000044 and aim for:

First partial at 0.00006470

Second partial at 0.00008632

More ambitious target at 0.00010192+

Plan B (stop): stop below 0.0000442 (recent low), or below the region of 0.00004000 if you want to give more margin.