The correction is over. After a pullback from the highs, PEPE is now carving out a strong bottom and showing the first powerful signs of a reversal. This is the exact moment savvy traders wait for to get in before the crowd.
Donโt let the previous red candles fool you; the momentum is shifting now.
๐ The Bullish Case (Why Buy PEPE Now?)
๐น Key Support Found: Price has solidified a floor at $0.00001003. Sellers are exhausted, and buyers are aggressively stepping in at this level.
๐น Downtrend Exhausted: The bearish momentum from the $0.00001033 peak has stalled. The market structure is primed for reversal.
๐น Early Reversal Signs: A robust green candle closed at $0.00001015, confirming buyer dominance and a potential "W" bottom formation.
๐น Excellent Risk/Reward: Entry here offers minimal downside risk with explosive upside potential.
๐ The Trade Recommendation:
This is a textbook "catch the bottom" opportunity. The reversal is imminent.
โ BUY: $0.00001010 โ $0.00001015 (current zone)
๐ฏ TP1: $0.00001020 (swing resistance)
๐ฏ TP2: $0.00001040 (full trend resumption)
๐ SL: $0.00001000 (tight stop below the low)
๐ฅ The Bottom Line: The sell-off is finished, the reversal is confirmed, and this is your chance to board the next leg up before momentum accelerates.
๐ Do you think PEPE will smash through $0.00001040 this week? Let me know! ๐
โค๏ธ Like if youโre backing this reversal, and follow for more high-conviction setups!