Pepe / USDTLong
PEPE/USDT 1H: Bulls Gearing Up for a Reversal!
PEPE/USDT 1H Chart Analysis
Current Price: $0.00001528
Market Structure:
Smart Money Analysis:
Trade Setup (Confidence Level: 7.5/10):
Market Maker Activity:
Key Observations:
Recommendation:
Current Price: $0.00001528
Market Structure:
- Bearish trend with lower highs and lower lows.
- Consolidation phase near potential reversal zone.
Smart Money Analysis:
- Distribution phase evident after the recent high at $0.000021.
- Multiple Break of Structure (BOS) confirmations to the downside.
- RSI indicating bullish divergence, suggesting potential reversal.
Trade Setup (Confidence Level: 7.5/10):
- Entry Zone: $0.00001500-$0.00001528
- Targets:
- T1: $0.00001650
- T2: $0.00001750
- Stop Loss: Below $0.00001450
Market Maker Activity:
- Accumulation signals at current price levels.
- Selling volume exhaustion indicates a possible shift in momentum.
- Discount blocks formed, highlighting a likely reversal area.
Key Observations:
- RSI bullish divergence supports a reversal setup.
- Smart money appears to be accumulating in preparation for a potential upside move.
Recommendation:
- Consider a long position within the entry range, keeping tight stops.
- Monitor volume and breakout confirmations for sustained bullish momentum.
- Confidence Score: 7.5/10 for a cautious bullish setup.
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