PEPE/USDT 1H: Bulls Gearing Up for a Reversal!
2025-01-21
Category: None

PEPE/USDT 1H Chart Analysis

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.
