$PEPE
"BE CAREFUL, THE DANGER ZONE HAS BEEN TOUCHED!"
Hello guys!!!
Some of you are probably smiling at those recent green candles.
But hey, don’t get too excited just yet…
As I have warned before, the price is now testing a Bearish Order Block on the daily time frame.
This is not just any area, it’s the same zone that triggered a strong drop in January 2025, causing massive stops everywhere.
In other words, it’s a historically respected distribution level by the big players.
Interestingly, there is also a Bearish OB on the hourly time frame, and the price just touched it recently.
From that zone, we can already see some rejection forming.
While it’s not extremely strong, it’s enough to raise a small red flag for those who jumped in thinking this is the start of a full rally.
Our watch zone is now within the Bullish OB at 0.00001091 - 0.00001064.
If the price retraces to this area and shows signs of reaction, it could offer a higher probability.
But don’t forget, a new Valid Higher High only occurs at 0.00001194.
And here’s the detail:
The daily time frame remains in a bearish state.
So don’t be too quick to assume that every bounce means a reversal is happening.
A green candle for some could still be red for others…
What do you think, healthy pullback or emotional bait?
A small red flag on the candle could be your intuition whispering…
That’s all, I hope this helps you to do an independent analysis.
Stay disciplined in your Trading Plan and Risk Management.
Good luck guys !!!!
#AltcoinSeasonComing
$PEPE