$PEPE โ POTENTIAL BASE FORMING FOR NEXT MOVE?
After a turbulent correction, $PEPE appears to be stabilizing with signs of a possible trend reversal building on the 4H chart.
๐ Market Overview:
Current Price: 0.00001157 (+1.31%)
24H High/Low: 0.00001168 / 0.00001133
Volume (24H): 11.12T PEPE / 127.98M USDT
Volatility Range: Tightening, suggesting accumulation phase
Indicator Used: Parabolic SAR shows initial upward momentum
๐ Technical Insight:
After bottoming at 0.00001037, $PEPE has been slowly pushing higher, reclaiming key levels.
The Parabolic SAR dots have flipped below the candles, hinting at a momentum shift.
MA(5) and MA(10) are converging โ an early sign of a possible bullish crossover.
๐ Support & Resistance:
Key Support: 0.00001114 / 0.00001037
Resistance Zone: 0.00001214 โ 0.00001313
๐ก Outlook: The consolidation between 0.00001114โ0.00001168 might act as a springboard for a short-term rally. A clean breakout above 0.00001214 could open the door to retesting higher resistance at 0.00001313 and beyond.
๐ Trade Setup (Short-Term Swing):
Entry Zone: 0.00001140 โ 0.00001160
TP1: 0.00001214
TP2: 0.00001313
SL: 0.00001100
Stay alert โ if volume confirms on breakout, $PEPE could be setting the stage for its next impulsive leg.
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