PEPE/USDT 1H: Bullish Accumulation – Breakout Incoming?!
2025-02-04
Category: None

PEPE/USDT 1H Chart Analysis
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 Current Market Structure: 
 
 • Price at 0.00001114, showing bullish momentum after recovery from the discount zone.
 • RSI at 60.79, confirming strength but not yet overbought.
 • Equilibrium phase suggests potential continuation toward premium zone.
 
 
Smart Money Concepts: 
 
 • Fair Value Gap (FVG) identified at 0.00001250, acting as a magnet for price action.
 • Order block formation at 0.00000850, providing strong support.
 • Premium zone resistance at 0.00001400, where market makers may distribute.
 
 
Key Levels: 
 
 Entry Zone: 0.00001114 - 0.00001125 (current range).
 Targets:
 T1: 0.00001250 (FVG fill).
 T2: 0.00001400 (premium zone).
 Stop Loss: Below 0.00000950 (recent swing low).
 
 Risk Score: 
 
  6/10 - Moderate risk due to meme coin volatility but favorable risk-reward setup.
 

 Market Maker Intent: 
 
  Accumulation phase appears complete. Market Makers likely targeting liquidity at the premium zone (0.00001400) for distribution. Hidden bullish RSI divergence on 1H suggests further upside potential.
 

 Recommendation: 
 
  Long positions favorable within the 0.00001114-0.00001125 range. Monitor volume confirmation for continuation toward 0.00001250+. Maintain tight stops to limit downside risk.
 

 Confidence Level: 
 
  8/10 for bullish continuation toward premium zone.
 

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