$PEPE BULLISH BUT REALISTIC — MOMENTUM OVER HYPE, STRUCTURE OVER DREAMS 🐸📈

$PEPE is currently bullish in the short term, driven by momentum and speculative interest, but the $1 target remains a dream scenario given supply dynamics and the very small burn rate (~1.64%). Technically, the chart favors continuation moves rather than parabolic expectations.

Immediate Market Next Move (Explanation):

Price is holding above a key demand zone and forming higher lows, signaling buyers are still in control. As long as PEPE respects this structure, the next move is likely a push toward nearby resistance. However, without aggressive and sustained burns, upside will occur in waves, not exponential leaps.

📊 TRADE SETUP

Bias: Long (Bullish – Short to Mid Term)

Entry Zone:

Buy on pullbacks into support / demand zone

Safer entry on break & retest of resistance

Take Profit Targets:

TP1: Previous local high

TP2: Upper resistance / liquidity zone

TP3: Momentum extension if volume spikes

Stop Loss:

SL: Below the most recent higher low (bullish structure invalidation)

🌍 MARKET OUTLOOK

PEPE thrives on momentum and sentiment, not fundamentals. Short-term opportunities exist, but long-term expectations must stay grounded. Until burns significantly increase, PEPE is best traded — not blindly held for extreme price targets.

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