Below is the probability forecast for reaching the target $0.0000111 of PEPE according to the framework 🎯 TARGET: $0.0000111 (Fib Extension 1.618) • This is a potential extension area if PEPE maintains its upward structure and breaks the nearest resistance at $0.0000102–$0.0000104. • This level is approximately 15–17% higher than the current price.
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🔍 SHORT-TERM TECHNICAL ANALYSIS
🔸 Wave Structure + Fibonacci: • PEPE is forming wave (iii) in a smaller upward wave structure, the target for wave (iii) typically reaches ~1.618 of wave (i) → coinciding with $0.0000111. • Currently, the price is oscillating in the Fib 0.5–0.618 range of the retracement, which is a good premise to continue the upward momentum if it does not breakdown.
🔸 Momentum Indicator: • Stochastic & Stoch RSI are overbought → may need 1–2 adjustment candles (i.e., 1–2 hours) before continuing to rise. • MACD is starting to form positive divergence, but there is no clear breakout volume yet.
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⏱ ESTIMATED TIME TO REACH TARGET $0.0000111
Scenario Condition Estimated Time Favorable Rise Strong breakout through $0.0000102 in the next 1–2 candles 2–6 hours (earliest today) Accumulation then Rise Price sideways around $0.0000095–$0.0000102 6–12 hours Pullback before Rise Adjustment to $0.0000093–$0.0000095 then bounce up 12–24 hours Failure Loss of support area $0.0000093 Not achieved, reversal down
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📊 ESTIMATED PROBABILITY
Scenario Current Probability Reach $0.0000111 within 6–12 hours ~45–50% Reach $0.0000111 after a deep pullback ~30–35% Not achieved, break support $0.0000093 ~15–20%
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🧭 ACTION SUGGESTION • Follow breakout: Buy when closing H1 candles above $0.0000102–$0.0000104 with volume → target $0.0000111 feasible within 6 hours. • Wait for adjustment: Buy around ~$0.0000095 if the price tests back, keep a tight SL and expect a rebound in 12–24 hours.