$PEPE 💯🔥
/USDT is trading in a consolidation range after a strong recovery from the recent liquidity sweep. Price has respected a higher-low structure, indicating buyers are gradually gaining control.
On the 4H timeframe, PEPE is forming a base above the key demand zone, with multiple rejections from the downside. This suggests selling pressure is weakening while accumulation is taking place. A sustained hold above the current range increases the probability of an upside expansion.
Key Technical Observations
Higher low formed after a sharp downside sweep
Strong demand zone holding below price
Compression structure signaling an upcoming volatility move
Bullish continuation favored while support holds
Targets (TP)
TP1: 0.00000525
TP2: 0.00000550
TP3: 0.00000585
Stop Loss (SL)
Below 0.00000475
Risk Management Risk only a small percentage per trade and wait for confirmation on lower timeframes before entry.
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