#creattoearn $PEPE #Altcoins #Update
The PEPE's price action played out exactly as I outlined in Scenario 2 from my previous post with BTC reaching the bottom zone of its sideways range. 🧠
Now that the DCA zone has been reached, the big question is: what's next?
🔍 We need to wait for a clear long setup — and for now, I don’t see one.
The entire market is in a holding pattern, watching BTC continue its sideways journey.
Below on the PEPE's chart, we have an order block (OB), but the issue is: it's sitting under the major bullish trendline. To preserve the high-timeframe bullish structure, the price shouldn’t stay in that OB for long — ideally, just a wick test and a bounce back above.
📉 On the MTF, structure is showing bearish signs per Smart Money concepts (lower highs, lower lows), and traditional TA confirms that with a Head & Shoulders pattern — suggesting possible continuation to the downside.
But remember — this is an altcoin/memecoin, and any bearish scenario depends entirely on BTC’s next move. If BTC drops, the bearish case could play out. If not, we might hold the bullish momentum.
#writetoearn