Pepe / USDTLong
PEPE/USDT 1H: Bulls Target $0.00001500 After Key Accumulation !
PEPE/USDT 1H Chart Analysis
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Market Condition:
Key Levels:
Smart Money Analysis:
Risk Score: 6/10
Recommendation:
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Market Condition:
- Consolidation after a sharp decline, showing signs of accumulation around $0.00001299.
- RSI: Bullish divergence from oversold territory, suggesting potential upward momentum.
- Volume Profile: Indicates smart money activity at current levels.
Key Levels:
- Entry Zone: $0.00001299-$0.00001310
- Targets:
- T1: $0.00001400 (previous support turned resistance).
- T2: $0.00001500 (major psychological level).
- Stop Loss: Below $0.00001250 (recent low).
Smart Money Analysis:
- Accumulation visible in the discount zone.
- Hidden Bullish Divergence: Forming on RSI, supporting a potential reversal.
- Fair Value Gap (FVG): Above $0.00001400, likely to act as a magnet for price.
Risk Score: 6/10
- Moderate risk due to recent volatility, but reversal signals are promising.
Recommendation:
- Long position within the $0.00001299-$0.00001310 range.
- Watch for volume confirmation as price approaches $0.00001400.
- Keep position sizes conservative to manage risk effectively.
- Confidence Level: 7/10 for bullish reversal potential.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.