PEPE/USDT 1H: Bulls Eyeing a Breakout from Accumulation!
2025-01-20
Category: None


PEPE/USDT 1H Chart Analysis (SMC Principles)

Current Price: $0.00017744

 Support Levels: 
Discount zone: $0.000155 (accumulation zone).
Stop-loss level: $0.000155 (below recent low).
 
Resistance Targets: 
T1: $0.00019 (FVG fill).
T2: $0.000205 (premium zone).

 Momentum: 
RSI: 46.85, neutral with potential for reversal.
Hidden bullish divergence forming with lower lows in price and higher lows in RSI.

 Trade Setup: 
Entry: $0.000175-$0.000178
Targets: T1: $0.00019, T2: $0.000205
Stop Loss: Below $0.000155

 Market Maker Activity: 
Accumulation evident with strong buy pressure and volume spikes at the $0.000155 discount zone.

 Notes: 
Watch for a clean break above $0.00018 to confirm bullish continuation.
Multiple tests of support suggest strong institutional interest.
Confidence Level: 8/10 for bullish setup.

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