PEPE/USDT 1H: Bullish Breakout in Play – Can $0.00001200 READY!
2025-02-15
Category: None

PEPE/USDT 1H: Bullish Breakout in Play – Can $0.00001200 Be Reached?
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 Current Market Structure: 
 
 Bullish breakout confirmed, price breaking above $0.00001060 resistance with strong momentum.
 RSI at 75.21, indicating bullish strength, but still below extreme overbought conditions.
 Pattern: Ascending triangle breakout, signaling trend continuation.
 


 Key Levels: 
 
 Support: $0.00000950 (previous accumulation zone).
 Resistance: $0.00001200 (next major target).
 Current Price: $0.00001064.
 Trade Setup (Confidence 8/10):
 Entry Zone: Current price ($0.00001064) or pullback to $0.00001020 for better positioning.
 
 Targets: 
 
 T1: $0.00001150 (initial resistance).
 T2: $0.00001200 (major liquidity zone).
 Stop Loss: Below $0.00000920 (below previous accumulation zone).
 
 Risk Score: 
7/10 – Favorable R:R setup, but RSI suggests watching for pullbacks.
 Market Maker Analysis: 
 
 Accumulation phase complete, now transitioning into markup.
 Breakout above previous range confirms institutional positioning.
 Hidden bullish divergence on RSI, reinforcing trend strength.
 
 Recommendation: 
 
 Long positions remain favorable at $0.00001064 or pullback to $0.00001020.
 Tight stops below $0.00000920 to protect against invalidation.
 Watch for rejection at $0.00001150 before confirming move to $0.00001200.
 
 Confidence Level: 
 
 8/10 – Strong breakout structure, Smart Money accumulation confirmed.
 
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