PEPE/USDT 1H: Oversold & Accumulating – Reversal Incoming?
2025-02-03
Category: None

PEPE/USDT 1H Chart Analysis
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 Market Condition: 
 
 Price: 0.00001064, showing strong bearish momentum.
 Market Structure: Lower highs and lower lows confirm bearish trend.
 RSI: 21.52, severely oversold with potential for a bounce.
 
 Key Levels: 
 
 Major Resistance: 0.00001220 (Key breakout level).
 Current Support: 0.00001000 (Psychological level).
 Next Major Support: 0.00000950 (Critical discount zone).
 
 Smart Money Analysis: 
 
 Market makers likely accumulating at discount zone below 0.00001000.
 Hidden Bullish Divergence forming on RSI, suggesting a potential reversal.
 Liquidity below 0.00001000 could be targeted before a bounce.
 
 Risk Score: 
8/10 (High-risk environment, approach with caution).
 Recommendation: 
 
 📌 Wait for confirmation before entering longs. Look for:
 Price reclaiming 0.00001220.
 Bullish divergence completion on RSI.
 Volume spike confirming institutional buying.
 
 Potential Long Setup If Reversal Happens: 
 
 Entry: Above 0.00001220 (only if confirmation is present).
 Targets:
 T1: 0.00001340.
 T2: 0.00001420.
 T3: 0.00001500.
 Stop Loss: Below 0.00000950.
 
 Confidence Level: 
 
 7/10 for reversal play – monitor price action closely before entering.
 
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