【$1000PEPE Signal】Pullback to Long + 1H Strong Consolidation, Gathering Strength for Another Surge

$1000PEPE The 1H timeframe experienced a 27% violent rally and is now in a high-level strong consolidation. The current price is oscillating near the top of the 4H bullish candle. After testing the EMA20 (0.0046) on the 1H K-line, support was found, and no deep correction occurred, indicating strong momentum. Open interest remains stable and has not significantly flowed out due to the consolidation, suggesting good lock-in of bullish positions. The order book shows selling pressure concentrated above 0.00485; a breakout could trigger short covering.

🎯Direction: Long (Long)

🎯Entry/Order: 0.00480 - 0.00483 (Reason: 1H EMA20 dynamic support zone & Fibonacci 0.382 retracement of the previous rally )

🛑Stop Loss: 0.00468 (Reason: Break below 1H EMA50 strong support & previous hour’s low )

🚀Target 1: 0.00510 (Reason: Intraday resistance at previous high )

🚀Target 2: 0.00535 (Reason: 4H upward wave Fibonacci extension at 1.618 )

🛡Trade Management:

- Position suggestion: Light position (Reason: After a significant rally, high-level trading requires risk control )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks above 0.00510 and stabilizes, hold the remaining position towards Target 2.

Deep logic: The 4H timeframe shows a massive breakout above the long-term downtrend line, a strong trend reversal signal. The 1H RSI (74.84) is high but not in extreme overbought territory, leaving room for further upside. Key observation: the order book shows exceptionally heavy buy depth around 0.004846, forming a protective barrier, with clear intent from major players to defend the price. Market logic indicates upward movement, and combined with stable open interest, this appears to be healthy profit-taking after a rally rather than a short squeeze.

Trade here 👇 $1000PEPE

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