๐ธ $PEPE Monthly โ Macro accumulation still intact, but rejection at supply is visible.
(PEPEUSDT โ 1 Month Timeframe)
$PEPE has been grinding inside the 2024 accumulation zone for months. Price recently tested the main supply / bull run target area but got rejected, now cooling near 0.00000382. Monthly candles require patience โ weeks to play out.
Decision Zone Logic (Monthly Close)
๐ข Bull Trigger: Monthly close above 0.00000420 + retest โ bullish expansion toward next targets ๐
๐ด Bear Trigger: Monthly close below 0.00000320 โ confirms breakdown of accumulation zone ๐
๐ Key Levels (Monthly) ๐ $PEPE ๐ธ
Resistance / Bull Trigger: 0.00000420
Major Supply (target): 0.00000450+
Supports: 0.00000382 / 0.00000320 (accumulation zone) / 0.00000290
๐ Scenario A โ Bull Expansion (Monthly Confirmation)
IF monthly close above 0.00000420
THEN upside targets โ 0.00000450 โ 0.00000500+
Invalidation: close back below 0.00000400
๐ Scenario B โ Breakdown / Accumulation Failure
IF monthly close below 0.00000320
THEN downside opens โ 0.00000290 โ 0.00000250
Invalidation: reclaim above 0.00000350
๐ Monthly structure is clear โ patience is key.
๐ก๏ธ Risk + Execution
Monthly timeframe moves are slow but can be violent after resolution. Avoid chasing monthly candles midโmonth. Wait for confirmation.
๐ What is your macro bias?
I'm watching for a monthly close above 0.00000420 to turn bullish. Are you accumulating here or waiting for a breakout?
Share your targets in the comments below! ๐