PEPE/USDT 1H: Bulls Eye Oversold Reversal to $0.00001460!
2025-01-27
Category: None


PEPE/USDT 1H Chart Analysis (Smart Money Concepts)
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Current Price: $0.00001225

 Market Structure: 
 
 Bearish momentum with lower lows and lower highs.
 RSI: 30.81, oversold conditions indicating potential for a bounce.
 
 
Key Levels: 
 
 Resistance: $0.00001460
 Support: $0.00001150
 Stop Loss: Above $0.00001280 (recent swing high).
 

 Trade Setup (Confidence Level: 7/10): 
 
 Entry Zone: $0.00001225 (current price).
 Targets:
 T1: $0.00001350
 T2: $0.00001460
 Hidden Bullish Divergence: Forming on RSI, suggesting accumulation and potential reversal.
 

 Smart Money Analysis: 
 
 Market makers likely accumulating at current levels following an engineered drop.
 Signs of liquidity building for a potential upward move.
 Risk Score: 6/10
 Decent risk/reward, but tight management required due to prevailing bearish trend.
 Confirmation needed with RSI breaking above 40 for stronger confidence.
 
 
 Recommendation: 
 
 Long position at current levels with tight risk management.
 Monitor volume and RSI for signs of reversal.
 Watch for breakout strength toward the resistance levels.
 Confidence Level: 7/10 for potential short-term bounce.
 
 
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