【$PEPE Signal】Pullback to buy! 1H retraces EMA20 support, 4H uptrend remains intact

$PEPE The 1H timeframe experienced a sharp surge yesterday and is currently in a healthy retracement phase, with the price precisely retesting the 1H EMA20 (around 0.00459) and stabilizing. The 4H timeframe is still within a strong upward channel, with the current candlestick retracing to the midpoint support of the previous 4H bullish candle, and the structure remains unbroken. The funding rate is healthy at 0.01%, with no signs of overheating, and stable open interest indicates that holders remain confident. The order book shows deep buy-side volume, with a large number of buy orders stacked below, clearly indicating the main force’s intention to support the price. This is a typical “air refueling” pattern of a strong coin, where the pullback is an opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.004590 - 0.004600 (Reason: Dynamic support from 1H EMA20 + upper boundary of dense trading zone )

🛑Stop loss: 0.004520 (Reason: Falling below the previous 1H candle low and a key psychological level, indicating potential trend weakening )

🚀Target 1: 0.004850 (Reason: Previous high resistance level and the consolidation platform after yesterday’s surge )

🚀Target 2: 0.005000 (Reason: Psychological whole number level and previous high on the 4H timeframe )

🛡️Trade Management:

- Position suggestion: Standard position (Reason: Multi-timeframe support resonance, risk-reward ratio >1.5 )

- Execution strategy: After entering, if the price rises smoothly, reduce position by 50% near Target 1, and move the stop loss of the remaining position to the entry price. If the price quickly reaches Target 2, take full profit. If the price hovers in the entry zone for more than 2 candles without moving, consider halving the position or exiting at breakeven.

Depth logic: The 1H RSI (50.72) is in a neutral zone with ample room for upward movement. The 4H RSI (66.69) shows strength but is not overbought. Key is the order book; buy-side depth (bid_ask_ratio_depth=4.22) is much greater than sell-side, with an imbalance of 61.72%, indicating very strong support below and making it difficult for bears to break through. Combined with the market logic of “rising price + stable OI,” this looks more like a shakeout under the control of the main force rather than distribution. Targeting this pullback point offers an excellent risk-reward ratio.

Trade here 👇 $PEPE

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