PEPE/USDT 1H: Bulls Building Momentum Toward $0.00001850

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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