This is a strong, structured, and logical analysis of the $PePe weekly chart. It effectively cuts through the emotional noise by focusing on technical price action and market cycle mechanics.
Here is your analysis presented clearly and powerfully in English, designed to emphasize the technical opportunity and counter the current fear:
๐ธ $PePe: The Great Reset - A Technical Base is Forming
This is a structure-based view, not an emotional one. Let's read the weekly chart.
๐ Phase I: The Correction is Exhausted
$PePe experienced an extreme hype-driven rally, followed by a long and heavy correction. The chart indicates that the majority of weak hands are already shaken out of the market.
๐ฐ Phase II: Establishing the Accumulation Zone
The price is now sitting near a major historical demand and base zone around the current level. This zone is critical because the selling momentum has clearly stalled here:
* Selling Pressure has Slowed: The intensity of selling is drastically reduced.
* Volatility is Reducing: The violent swings are calming down.
* Price is No Longer Free-Falling: The steep downtrend has neutralized.
> Technical Insight: This often signifies that Distribution is over and Accumulation is starting, especially for meme coins, which typically build a solid base before the next major cycle move.
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๐๏ธ The Path Forward: Building the Bottom
This is not bullish yet, but it is where bottoms are usually built.
$PePe must hold this support and start forming higher weekly lows. While meme coins move fast once sentiment flips, they always build a base first.
| Target | Level | Description |
|---|---|---|
| First Target | 0.0000070 โ 0.0000085 | Previous reaction zone |
| Second Target | 0.0000120 โ 0.0000150 | Key supply area |
| Major Target | 0.0000200+ | High volume and previous peak area |
These levels perfectly match previous reaction zones and supply areas on the chart.
๐จ Invalidation & Risk Management
Invalidation: A clean weekly close below the current base zone would delay any upside and signal that more time is needed in the ?
