PEPE (Y25.P1.E1). Top is done. Hi Traders,
Diagonal wave 5 confirmed in my opinion. From a wyckoff perspective, I see this as distribution with wave 2 to 3 in progress.
The neckline is clear, the grinding support line has been compromised so refer to the wyckoff models for the last stages before it drops.
Hence I'm looking for a nice spot to short.
The indicator might help a little to find an entry for a long or short in the coming days or weeks.
All the best,
S.SAri
PEPEUSDT.P trade ideas
Market Update: Caution on $PEPEMarket Update: Caution on CRYPTOCAP:PEPE
There was hope. The consolidation looked exhausted, and a daily pump was forming.
Then Bybit got hacked , Bitcoin dumped, and now everything seems canceled.
โ ๏ธ Warning: CRYPTOCAP:PEPE , despite being a solid and well-managed meme coin, is still a meme. Institutions appear to be selling off anything that looks like an animal in crypto.
What to Do Now?
โ
Wait for market stabilizationโ CRYPTOCAP:PEPE is at an attractive price, but it can drop much lower.
โ
Refill your bag at the bottom of the correction, not during dead cat bounces โunless you're a pro at trading bearish markets.
The Reversal Will Be EPIC! ๐
This is temporary. Once the market bottoms out, the bounce could be massive. CRYPTOCAP:PEPE can do x2 or x3 in a month when sentiment improves!
๐ DYOR
Pepe Butterfly Gartley Update - Daily Fib Resistance LevelsHey guys, Pepe Butterfly Gartley just hit the target low at (D).
Although a bullish gartley, we still have to make sure we dont lose the lowest low just put in. That would invalidate the pattern.
Fibs - bright numbers on the right are all valid resistance levels up until 0.618 to see lower! Would be good to clear 0.618 and monthly resistance for some strength in the uptrend.
Usually this pattern is bullish in terms that the price will retrace (up) to point A.
Down trend, given the big picture. We still may be in a downtrend to fulfill Wave 5!
At the moment very strong down trend, trade with caution as don't be only bullish. Look for rejections at 0.236, 0.5, and 0.618. Opening times more significant from now 1 hour 15 minutes time.
Pepe Butterfly GartleyTough one to call - Maybe my emotions here but technically seems were going to retest the lowest low!
Probability based on the technical's! 1.272 D wave is exactly the lowest low! It is what it is unless proven otherwise! :) There's no magic pill!
Rejecting off the anchored VWAP wasnt a good sign.
Trade the signals. No one kknows. Personally, I think lower. At the same time I dont feel it should. But feelings mean nada. Trade the levels.
"PEPE/USDT 1H: Downtrend Persists โ Wait for Reversal !PEPE/USDT 1H: Downtrend Persists โ Wait for Reversal Confirmation?
Current Market Structure:
Bearish downtrend with clear lower lows and lower highs.
RSI at 24.56, indicating oversold conditions, but no clear divergence has emerged.
Market Maker Activity:
Distribution phase is complete; the market is now in a markdown phase.
Smart money appears to be distributing at higher levels.
Key Levels:
Resistance: 0.00001020
Support: 0.00000842 (current)
Major Resistance: 0.00001040
Risk Assessment:
8/10 โ High-risk environment.
Recommendation:
Do not take a long position despite oversold conditions.
Wait for a clear reversal pattern or a double bottom formation before considering entries, as current price action suggests further downside.
Confidence Level:
7/10 based on clear market structure and volume profile.
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$PEPE Alt Elliott Wave CountAlt Elliott Wave Count, if the downturn continues further it increases the probability of this wave count we would get a rally but it would be the last one of this cycle. Odds increased towards this due to the failed impulse to the upside. I don't like this wave count and it's not the main count due to how long the wave (4) has extended 200+ days compared to (2) 130 days. But that Bybit hack crippled momentum at the right time to shift favor towards this count.
PEPE Spot Long Trade Psychological trade
the market behavior and trader psychology that can drive price movements during breakout events. Traders often react to certain price levels, trends, and patterns in ways that influence decision-making and price action.
How to Manage Psychological Challenges in Breakout Trades:
Plan and Discipline: Having a clear plan helps avoid the emotional traps that can lead to rash decisions. This includes setting entry points, stop losses, and take profits ahead of time, so traders donโt rely on emotional reactions to price moves.
Risk Management: Proper position sizing, stop losses, and using a risk-reward ratio can help mitigate the psychological stress of a breakout trade. When risk is controlled, traders are less likely to panic during a false breakout or sudden market reversal.
Avoiding Overtrading: Traders who become overzealous or overly excited about breakouts can end up entering trades without proper confirmation or at bad risk-reward ratios. Sticking to a strategy and being selective with trades helps in avoiding emotional burnout.
Recognize False Breakouts:
False breakouts can be psychologically draining, especially when traders experience significant losses. Being able to step back, reassess, and avoid chasing every breakout can help reduce the psychological impact.
#PEPE/USDT#PEPE
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.00000935
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.00000950
First target 0.000000960
Second target 0.00001000
Third target 0.00001047
PEPE/USDT 1H: Bearish Consolidation Reversal โTarget 0.00000970PEPE/USDT 1H: Bearish Consolidation Reversal โ Next Target 0.00000970?
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Current Market Condition:
Price currently at 0.00000928 in a bearish consolidation following a significant drop.
RSI at 46, showing neutral momentum.
Hidden bullish divergence is forming on RSI while price makes lower lows.
Market Maker Activity:
Accumulation is evident in the 0.00000890-0.00000920 zone with multiple tests, indicating MM buildup before the next leg up.
Key Levels:
Support: 0.00000890
Resistance: 0.00000970
Current Price: 0.00000928
Trade Setup (Confidence 7/10):
Entry: Consider a long entry at 0.00000920 with tight stops.
Targets:
T1: 0.00000950
T2: 0.00000970
Stop Loss: Place at 0.00000885.
Risk Score:
6/10 โ Favorable risk-to-reward, but waiting for confirmation above 0.00000940 may offer a safer entry.
Recommendation:
Long positions are recommended given the MM accumulation and hidden bullish divergence.
Monitor for confirmation above 0.00000940 before fully committing.
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PEPE USDT Trend Analysis and Breakout PossibilitiesThe price is in a sell trend and currently in a range. It is now at our support level, where we can look for buying opportunities. However, we need to be cautious due to multiple touches of the support, as this indicates that the zone is no longer as strong. Sooner or later a false breakout or an actual breakout of the zone may occur. Therefore, we can also monitor the breakout of the zone for a potential continuation of the sell trend.
#PEPE Bulls Ready for a Momentum Shift? Key Levels to Monitor Yello Paradisers! Is #PEPE about to break out of this falling wedge, or will the bears drag it lower? Here's why the next move could be game-changing for #PEPEUSD:
๐#PEPEUSDT has been trapped inside a falling wedge formation, steadily rejecting off its descending resistance. This pattern is historically bullish, but a breakout confirmation is still needed. Currently, PEPE is hovering near a key support zone between $0.0000060 and $0.000012, where buyers have previously stepped in.
๐A bullish divergence is forming on the histogram, signaling a potential shift in momentum. But for bulls to take control, PEPE must break above the descending resistance and reclaim $0.0000152 as support. If this level is cleared, we could see an explosive rally toward $0.000030, where strong selling pressure is expected.
๐However, if #PEPE fails to hold the $0.0000060 - $0.000012 support range, the bullish setup could get invalidated. A breakdown below this zone would expose lower levels and increase downside risk, potentially leading to a deeper sell-off.
The next few weeks will be crucialโwill the bulls step up, or will PEPE break below and give the bears full control? Be patient and trade smart, Paradisers!
MyCryptoParadise
iFeel the success๐ด
PEPE (PEPE/USDT) Potential Bottom and Key Levels to Watch 4HPepe Coin (PEPE) has been showing some interesting price action recently, and many traders are keeping a close eye on its movements. At current levels, there is a possibility that the asset is approaching a potential bottom, making it an intriguing spot for both spot and leverage orders.
Looking at the charts we can see that Pepe is testing some critical support levels. If these levels hold, we could be looking at a reversal or at least a stabilization phase that offers solid entry points for traders.
Strategically placing both spot and leverage orders around these levels could lead to favorable outcomes, but as always, make sure to use proper risk management and assess market conditions closely.
#PEPE/USDT#PEPE
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0.00000970
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.0.00000986
First target 0.000001013
Second target 0.00000103
Third target 0.000001068
PEPE - Bounce on volume or Capitulation?PEPEUSDT has recently had some outlier non-directional moves in range with an increase in both total volume and number of transactions.
This newly present volatility has allowed the testing of key support and resistance levels and will likely re-occur in coming trading sessions.
Ensure that any breakouts are confirmed by an increase in volume before committing to any trades in either direction.
PEPE/USDT โ 30-Min Long Trade Setup !๐ ๐
๐น Timeframe: 30-Min Chart
๐น Setup Type: Resistance Breakout
๐ Trade Plan (Long Position):
โ
Entry Zone: Above 0.00001004 USDT (Breakout Confirmation)
โ
Stop-Loss (SL): Below 0.00001004 USDT (Breakout Invalidated)
๐ฏ Take Profit Targets:
๐ TP1: 0.00001077 USDT (First Resistance)
๐ TP2: 0.00001119 USDT (Extended Bullish Target)
๐ Risk-Reward Ratio:
๐ Risk (SL Distance): Below 0.00001004 USDT
๐ Reward to TP1: 0.00001077 USDT
๐ Reward to TP2: 0.00001119 USDT
๐ Technical Analysis & Strategy:
๐ Breakout Confirmation: A strong push above 0.00001004 USDT signals bullish momentum.
๐ Resistance Levels: Watch 0.00001077 USDT for rejection or continuation.
๐ Retest Possibility: Price may retest the breakout zone before continuing higher.
๐ Final Thoughts:
โ Bullish Setup โ Holding above 0.00001004 USDT could lead to higher targets.
โ Momentum Watch โ Volume confirmation is key.
โ Smart Risk Management โ Stick to the plan, secure profits, and trade wisely!
๐ #CryptoTrading #PEPEUSDT #BreakoutTrade #ProfittoPath #TechnicalAnalysis