PEPE — Compression Near Resistance, Directional Move Loading
PEPE has rebounded cleanly from the 0.00000360 – 0.00000380 demand zone and is now stabilizing around the 0.00000410 area. After the sharp recovery, price has shifted into a tight sideways range, which usually reflects balance rather than exhaustion.
The structure remains constructive as long as price holds above the 0.00000400 region. Buyers have defended pullbacks well, while sellers are struggling to push price back into the previous support zone. This kind of compression near resistance often precedes a volatility expansion, with direction defined by the breakout.
Above 0.00000420, momentum could accelerate as short term supply clears, opening the door for a continuation move toward higher resistance levels. Until then, patience matters, as range trading dominates.
Trade idea: Entry zone: 0.00000400 – 0.00000412
Targets: 0.00000430 / 0.00000455 / 0.00000490
Invalidation: 0.00000375
Bias stays neutral to bullish while price holds above key support. A decisive loss of the 0.00000380 area would weaken the setup and shift focus back to defense.
