Trade the Structure on PEPE (8H), Not the Green Candles
PEPE has broken its long-term bearish trendline and successfully reclaimed key structure, shifting the overall bias to bullish. The breakout was impulsive and momentum-backed, signaling a genuine sentiment shift, not a short-term reaction.
We’re not chasing price. The focus is on pullbacks into the origin of the move and well-defined support zones, where market makers typically defend after a breakout. Pullbacks here are normal — often engineered to shake out late buyers and build positions.
Two DCA-friendly entry zones are identified to manage risk and avoid emotional entries. A retrace into these zones does not invalidate the bullish structure; it can be a healthy reset before continuation.
As long as price holds above key support and respects the reclaimed structure, the bullish scenario remains intact.
A daily close below the invalidation level would negate the setup.
Patience > chasing candles.
