1. Price Chart & Falling Wedge Pattern
PEPE is currently trading within a falling wedge, a pattern that typically signals a bullish reversal upon breakout.
Price just bounced from a key support zone around 0.000000525 - 0.000000690, forming a potential double bottom.
Still hugging the lower wedge boundary, meaning a breakout or a strong bounce is possible.
2. Ichimoku Cloud
Price is below the Kumo cloud, confirming a bearish long-term trend.
However, both Tenkan-sen and Kijun-sen are flat, hinting at a potential squeeze before a big move.
The future cloud is narrowing, showing reduced resistance in case of a bullish breakout.
3. RSI (Relative Strength Index)
RSI is around 30.12, entering oversold territory.
It's starting to curl upward, suggesting a possible bullish divergence.
4. WTO (Wave Trend Oscillator)
WTO is deep in the oversold zone, and a green signal dot just appeared.
This often indicates early signs of momentum reversal or upcoming bounce.
5. MACD
MACD just flipped bullish with a crossover below the zero line — a classic early reversal signal.
The histogram is turning green, confirming the downtrend is losing strength.
6. Cluster Algo
Both green and red lines are in deep oversold conditions, hovering close together — a sign of consolidation.
A green dot just flashed, another indication that a bullish move may be coming.
Summary
✅ Bullish signals:
Price sitting on major support + falling wedge pattern.
RSI, MACD, WTO all showing reversal potential.
Early signs of bullish divergence.
⚠️ Caution:
Long-term trend still bearish (below Ichimoku cloud).
No significant volume spike yet to confirm a breakout.
Suggested Strategy (Not financial advice):
Speculative entry: around 0.00000070 – 0.00000073
Stop-loss: below 0.00000052
Take-profits:
TP1: 0.00000105 (Fibonacci 0.5)
TP2: 0.00000131 (Fibonacci 0.618)
TP3: 0.00000223 (Fibonacci 0.786)
PEPE is currently trading within a falling wedge, a pattern that typically signals a bullish reversal upon breakout.
Price just bounced from a key support zone around 0.000000525 - 0.000000690, forming a potential double bottom.
Still hugging the lower wedge boundary, meaning a breakout or a strong bounce is possible.
2. Ichimoku Cloud
Price is below the Kumo cloud, confirming a bearish long-term trend.
However, both Tenkan-sen and Kijun-sen are flat, hinting at a potential squeeze before a big move.
The future cloud is narrowing, showing reduced resistance in case of a bullish breakout.
3. RSI (Relative Strength Index)
RSI is around 30.12, entering oversold territory.
It's starting to curl upward, suggesting a possible bullish divergence.
4. WTO (Wave Trend Oscillator)
WTO is deep in the oversold zone, and a green signal dot just appeared.
This often indicates early signs of momentum reversal or upcoming bounce.
5. MACD
MACD just flipped bullish with a crossover below the zero line — a classic early reversal signal.
The histogram is turning green, confirming the downtrend is losing strength.
6. Cluster Algo
Both green and red lines are in deep oversold conditions, hovering close together — a sign of consolidation.
A green dot just flashed, another indication that a bullish move may be coming.
Summary
✅ Bullish signals:
Price sitting on major support + falling wedge pattern.
RSI, MACD, WTO all showing reversal potential.
Early signs of bullish divergence.
⚠️ Caution:
Long-term trend still bearish (below Ichimoku cloud).
No significant volume spike yet to confirm a breakout.
Suggested Strategy (Not financial advice):
Speculative entry: around 0.00000070 – 0.00000073
Stop-loss: below 0.00000052
Take-profits:
TP1: 0.00000105 (Fibonacci 0.5)
TP2: 0.00000131 (Fibonacci 0.618)
TP3: 0.00000223 (Fibonacci 0.786)
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.