$PEPE
Technical Analysis Update
PEPE is currently displaying a period of healthy consolidation following its recent local peak. On the 1H timeframe, we are observing controlled buying pressure as the asset holds firm above the immediate support floor. The price action suggests a volatility squeeze is in play, often a precursor to a momentum-driven breakout.
The trend remains constructive so long as the current demand zone is defended. Current volume profile indicates accumulation, with risk-on sentiment building. A successful flip of the local resistance into support will likely trigger the next leg up.
Trading Setup
Entry Zone
0.00000495 - 0.00000507
Targets
TP1: 0.00000530
TP2: 0.00000585
TP3: 0.00000650
Stop-Loss
0.00000470
$PEPE
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