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$PEPE 12h | Technical Outlook
- I expect a possible short-term bounce from this accumulation area as many indicators show bullish momentum, but the overall trend is still bearish unless 0.00000379 and 0.00000410 are reclaimed
- If you see a strong bullish candle after a brief sweep below support, or strong lower timeframe reversal patterns, you could enter long with targets at 0.00000353, 0.00000363, and 0.00000379. Always wait for confirmation like a clear reversal candle, market structure break, or strong volume spike before entering
- My bias turns more bullish with a close above 0.00000379, especially if followed by acceptance above 0.00000410. If price loses 0.00000312 with strong selling, the bounce scenario is invalid, and lower supports will be in play