Structure: Consolidation after correction from the May peak.
Strong support: 0.00001000 – 0.00001050
Minor resistance: 0.00001250
✅ Timeframe 1W (Weekly) A higher low pattern is starting to form, indicating a potential reversal.
Volume increases when a green candle appears, this validates that demand is still there.
✅ Timeframe 1M (Monthly) Last month's candle closed green, this month is still green with a long lower shadow → buying pressure is starting to rise from below.
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#pepe #PEPE
Here is a technical analysis of the PEPE/USDT chart with 1D (daily), 1W (weekly), and 1M (monthly) time frames. Plus entry and exit suggestions:
🔍 1. Price Trend & Structure
✅ Timeframe 1D (Daily)
Current price: 0.00001126 USDT
Structure: Consolidation after correction from the May peak.
Strong support: 0.00001000 – 0.00001050
Minor resistance: 0.00001250
✅ Timeframe 1W (Weekly)
A higher low pattern is starting to form, indicating a potential reversal.
Volume increases when a green candle appears, this validates that demand is still there.
✅ Timeframe 1M (Monthly)
Last month's candle closed green, this month is still green with a long lower shadow → buying pressure is starting to rise from below.
🎯 Entry-Exit Strategy
📥 Entry Area:
Ideal Entry (buy on support): 0.00001020 – 0.00001080 (if price correction)
Breakout Entry (more aggressive): Break 0.00001250 with strong volume
📤 Exit Area / Target TP:
TP 1: 0.00001450 (initial resistance)
TP 2: 0.00001600 – 0.00001800 (weekly resistance)
TP 3 (if momentum is strong): 0.00002100+ (monthly top)
🛡️ Stop Loss:
Cut loss disciplined below daily support: 0.00000950
🔁 Conclusion Candle Direction
Short-term (1-3 days): Consolidation/sideways up
Mid-term (1-2 weeks): Potential increase to 0.000014 – 0.000016
Long-term (monthly): Reversal can form if monthly support holds