Meme coins generally make laugh, as they outperform most of the markets with absolutely no real fundamental value. Pepe however can be an interesting case, as it trades with quite large liquidity, while also respecting key levels.
Ive been watching PEPE for quite some time now forming this overall range, with beautiful pivots at the range POC as well as respecting the VAL and VAH quite well.
This recent market structure change on PEPE is leading me to believe that we may be seeing signals of a reversal forming after a nice reaction at the POC.
I will buy some PEPE here in hopes that this may be the low for the coin during this cycle, and perhaps we may even get lucky with a 10-20x on this bad boy.
Not getting my hopes up, but to me its worth a crack!