PEPE/USDT 1H: Bulls Building Momentum Toward $0.00001850 
2025-01-24
Category: None

PEPE/USDT 1H Chart Analysis
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Current Price: $0.00001578

 Market Structure: 
 
 Bullish momentum building after a double bottom formation.
 RSI: 59.57, indicating bullish divergence and upward potential.
 Order Block: Formed at $0.00001450, acting as strong support.
 

 Trade Setup (Confidence Level: 7.5/10): 
 
 Entry Zone: $0.00001550-$0.00001580
 Targets:
 T1: $0.00001700 (FVG fill).
 T2: $0.00001850 (previous high).
 Stop Loss: Below $0.00001450 (recent swing low).
 Risk Score: 6/10 (moderate risk due to meme coin volatility).
 

 Smart Money Analysis: 
 
 Institutional accumulation visible in recent volume profile.
 A break above $0.00001600 could trigger stop hunts and drive price higher.
 Liquidity pools above $0.00001700 act as magnet levels.
 

 Recommendation: 
 
 Long position valid in the $0.00001550-$0.00001580 range.
 Watch for a confirmed breakout above $0.00001600 to strengthen bullish conviction.
 Manage risk carefully due to potential volatility.
 Confidence Level: 7.5/10 for bullish continuation.
 

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