$1000PEPE has experienced a sharp sell-off followed by base formation and range consolidation. Price is currently stabilizing after a relief bounce, indicating a possible short-term directional move ahead š
š Bullish Scenario (Buy Setup)
ā
Entry Zone:
0.00000410 ā 0.00000414
(Break and hold above the local consolidation high)
š Stop Loss (SL):
ā 0.00000398
(Below recent demand / structure low)
šÆ Take Profit Targets:
š„ TP1: 0.00000425
š„ TP2: 0.00000440
š„ TP3: 0.00000460
ā”ļø If volume expands, upside momentum can accelerate quickly š
š Bearish Scenario (Sell Setup)
If price gives a strong close below 0.00000398:
š Sell Targets:
š 0.00000385
š 0.00000370
Downside continuation likely if support fails.
š§ Market Insight
⢠Short-term trend: Neutral ā Slightly Bullish
⢠Price is ranging after a dump (healthy behavior)
⢠Volume spike = confirmation for next move
⢠Best trades come after breakout, not inside chop
