PEPE/USDT 1H: Testing Resistance – Can Bulls Push Toward 0.0000

PEPE/USDT 1H: Testing Resistance – Can Bulls Push Toward 0.00000780?
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Current Market Conditions (Confidence: 7/10):

Price at 0.00000734, currently testing a key resistance level.
RSI at 54.41, indicating neutral conditions with room for further upside.
Clean order block formation at 0.00000640, suggesting strong underlying support.
No significant divergences present, making confirmation crucial for continuation.

LONG Trade Setup:

Entry: 0.00000720 - 0.00000734 zone.
Targets:
T1: 0.00000760 (first resistance).
T2: 0.00000780 (next liquidity zone).
Stop Loss: 0.00000640 (below recent support).

Risk Score:

6/10 – Moderate risk setup; requires confirmation at resistance levels.

Market Maker Activity:

Accumulation visible at higher lows, with decreasing selling pressure.
Recent higher low formation suggests potential continuation toward upside targets.
Strong support established at 0.00000640, reinforcing a favorable risk-to-reward ratio.

Recommendation:

Long positions are favorable in the 0.00000720 - 0.00000734 range.
Watch for breakout confirmation above 0.00000740 before increasing exposure.
If rejection occurs at resistance, wait for a retest of 0.00000700 before re-entering.

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Cryptokijker

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