1D PEPEUSDT Potential Sell ZoneOn the daily chart for BINANCE:PEPEUSDT , there's a clear double top formation around the 0.00957 level, signaling potential exhaustion of the upward momentum. The price has tested this resistance area twice, failing to break higher, which suggests a reversal could be on the horizon.
The supply zone around 0.00957 coincides with a key monthly high, creating a strong ceiling for the price. If this resistance holds, I’m expecting a drop towards the demand zone at TP1: 0.008053 and potentially further down to TP2: 0.006967.
Entry Point: 0.0095708
TP1: 0.008053
TP2: 0.006967
Stop Loss: 0.010034
The double top pattern, combined with the overbought conditions on the RSI, indicates that bearish momentum could soon take over. The market might primed for a correction after failing to break the supply zone.
I’ll be closely watching for price rejection in the supply zone and a continuation of the downtrend towards TP1 and TP2. If momentum slows at TP1, I'll take partial profits; otherwise, I’ll hold for a deeper retracement into TP2.
Always trade at your own risk with a money you can lose.
PEPEUSDT
Pepe’s rally not over: here's whyDespite a challenging month with a 5.77% drawdown, Pepe (PEPE) recent performance shows promising signs of recovery, with a 16.11% increase on its weekly chart. Further bullish indicators suggest continued upward momentum.
At press time, the coin was trading within a symmetrical triangle, characterized by converging upper and lower lines that serve as resistance and support zones, respectively.
PEPE recently rallied from a significant horizontal support level at 0.00000701, ascending to the upper resistance of the triangle pattern at 0.00000876. This resistance line also aligns with another key resistance level, emphasizing the strength of the barrier.
While symmetrical triangles typically indicate potential bullish outcomes, a breakthrough above the upper resistance line is essential. Successfully breaching this level could propel the memecoin to its 2024 high of 0.00001725 or to a mid-level target of 0.00001307.
Should PEPE fail to overcome this resistance, it is likely to retreat to the horizontal support line at 0.00000701 or the lower boundary of the triangle, as it seeks to build momentum for another rally attempt.
Moreover, Open Interest, a key indicator that measures trader enthusiasm in the market, has seen a notable increase. It surged from $95.68 million on 23rd September to $114.39 million by 25th September, reflecting heightened trader interest in the memecoin.
pepe → a position to get longhello guys.
pepe and lots more coins are bullish so much!
I am looking for an area to get the long position!
in this coin seems the yellow area is great to get the long position!
let's see if the price will do a pullback!
target:0.00000869
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Looks Like We Have Long Scenario on PEPEBINANCE:PEPEUSDT
CRYPTO:PEPEUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow box
⚡️TP:
0.00000803
0.00000816
0.00000833
0.00000850
🔴SL:
0.00000768
0.00000753
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
PEPE Long Spot Position (EMA Support Retest)Market Context: PEPE is currently finding support at the 21 and 200 daily EMAs. A close above the 200 EMA would serve as confirmation for entry.
Trade Setup:
Entry: Long spot position at $0.0000082.
Take Profit:
First target: $0.00000970
Second target: $0.000011
Third target: $0.0000125
Stop Loss: $0.0000075 (daily close)
⚡ This setup aims to leverage EMA support for a high-probability trade.
#PEPE #Crypto #EMAs
PEPE/USDT: Promising SetupCurrently, PEPE/USDT is trading within a symmetrical triangle pattern, a classic indicator of potential price consolidation before a breakout. A bullish move is expected in the coming days, particularly if the price breaks above the key horizontal resistance level. Watch for increased volume and momentum as confirmation of this upward shift.
As always, this is not financial advice—be sure to do your own research!
PEPE/USDT technical analysis and trading plan by Blaž FabjanPEPE/USDT trading pair, here's a breakdown of the technical analysis and trading plan by Blaž Fabjan:
Symmetrical Triangle Formation:
There is a symmetrical triangle pattern highlighted. This is typically a continuation pattern that signals a breakout, either upward or downward, depending on which side breaks first.
Currently, the price is consolidating near the end of the triangle. A breakout is expected soon.
Support and Resistance Levels:
Immediate support: $0.000000807 (marked by a blue horizontal line). This is a key level to watch; if it breaks below, the price may retest lower support zones.
Next support: $0.000000766.
Key resistance: $0.000000886. This level represents a potential target for an upward breakout from the symmetrical triangle.
Higher resistance: $0.000000986, should the price breach the first resistance level.
Volume:
The volume bars are relatively lower in recent periods, but the volume could increase when a breakout occurs. Pay attention to a spike in volume confirming a breakout direction.
VMC Cipher-B Indicator:
The VMC Cipher indicator shows a bit of sideways movement in the momentum, with no strong divergences visible. Keep an eye on this to spot potential bullish or bearish divergence.
RSI (Relative Strength Index):
RSI is around 51.88, which indicates a neutral market. There’s no overbought or oversold signal, but the RSI may rise if there’s an upward breakout from the symmetrical triangle.
Stochastic RSI:
The Stochastic RSI is at 46.67, which is close to neutral but leaning slightly toward a potential upward crossover. This could indicate buying pressure may soon increase.
Potential Trading Plan:
Bullish Scenario (Breakout Upwards):
Entry point: If the price breaks above the symmetrical triangle resistance line and holds above $0.000000886 with increased volume.
Target: First target can be around $0.000000986. If strong momentum continues, higher targets may be set at key psychological resistance levels.
Stop-loss: Place a stop-loss just below the triangle support level, ideally around $0.000000807.
Bearish Scenario (Breakout Downwards):
Entry point: If the price breaks below the symmetrical triangle and the $0.000000807 support level with high volume.
Target: First target would be $0.000000766 and further down to $0.000000666 if the bearish momentum persists.
Stop-loss: Place a stop-loss above the resistance level of the symmetrical triangle, around $0.000000850.
Neutral/Consolidation Scenario:
If the price continues to move sideways and no clear breakout occurs, it’s best to wait and observe how the market reacts at these key levels.
Summary:
Watch for a breakout from the symmetrical triangle. A move above $0.000000886 with strong volume will likely result in a bullish continuation, while a breakdown below $0.000000807 signals bearish action. Keep an eye on the RSI and volume indicators to confirm momentum.
PEPE / USDT TECHNICAL ANAYLSIS ON 4H TIMEFRAME BINANCE CHARTRising Wedge Formation:
The chart shows a rising wedge pattern, which is typically considered a bearish pattern. This pattern suggests that while the price is moving upwards, the movement is becoming more constrained and might lead to a breakout to the downside once the wedge reaches a critical point.
Support and Resistance Levels:
Support Levels: Around 0.000000583 USDT, which aligns with the lower trend line of the wedge. This level could act as a potential bounce zone.
Resistance Levels: The price is facing potential resistance at 0.000000886 USDT and further upwards near 0.000000986 USDT.
Volume Analysis:
The volume appears to be declining as the price moves within the wedge. Lower volume during a rising wedge can be a warning of an impending reversal or consolidation phase.
Indicators (RSI, Stochastic, VMC):
RSI (Relative Strength Index): Sitting near 42.72, indicating that the price is not in overbought or oversold conditions but is leaning towards a bearish bias.
Stochastic RSI: Shows a reversal from the oversold territory, indicating a potential short-term bounce or consolidation.
VMC (Market Cipher-like indicator): Shows multiple divergences, suggesting some conflicting signals but likely a continuation of the downward pressure in the short term.
Prognosis for PEPE/USDT:
Short Term: The price may test the lower bound of the wedge (around 0.000000583 USDT), as the wedge structure and other indicators suggest potential downward pressure. A short-term bounce from this support is possible given the Stochastic RSI showing oversold conditions.
Medium Term: If the price breaks the lower trend line of the wedge, it may fall towards 0.000000583 USDT or lower, confirming the bearish wedge pattern. If the price holds above this, it could consolidate and make another attempt to push upwards to 0.000000886 USDT or even higher towards 0.000000986 USDT.
Bullish Scenario: If buying pressure increases and the price breaks above the upper resistance (around 0.000000886 USDT), the next target would be 0.000000986 USDT, which could trigger a more significant uptrend, invalidating the wedge pattern.
Bearish Scenario: A confirmed breakdown from the wedge could lead the price toward the 0.000000583 USDT level, with a possible deeper correction if this level doesn't hold.
PEPE - Emerging from the ShadowsAfter the initial reaction at 0.00000650, I expect the price to move directly to the range high or at least reach 0.00000890. CRYPTOCAP:PEPE
Although the optimal entry point was at the wick retest, this scenario remains valid.
Keeping simple after the Monthly Reclaim...
PEPE: Consolidation Around Key LevelsPEPE is consolidating around $0.00000777, following its rejection near $0.00000806. The price is caught between the upper Bollinger Band ($0.00000798) and the lower band ($0.00000769), indicating a period of low volatility but also potential for a breakout. Recent whale activity, including the movement of 4 trillion PEPE tokens, could provide the bullish momentum needed to break above this range.
Bollinger Bands: Tighter Range
PEPE’s Bollinger Bands are showing a tight range, signaling a potential breakout. The upper band ($0.00000798) is serving as immediate resistance, while the lower band ($0.00000769) acts as short-term support.
RSI and Stochastic: Neutral Bias
The RSI at 53.79 and Stochastic %K at 37.04 suggest neutral conditions, with neither side dominating the market. The RSI-based moving average is slightly higher at 56.46, suggesting there’s room for an upward move if buying pressure increases.
MACD and OBV: Balanced but with Strong Volume
The MACD remains flat, indicating a lack of strong momentum, while the OBV at 251.085T shows that volume remains high, driven by both retail and whale activity.
Support and Resistance Levels
Immediate Support: $0.00000769 (Lower BB)
Immediate Resistance: $0.00000798 (Upper BB)
Major Resistance: $0.00000839 (50-day EMA)
Actionable Outlook: Prepare for Breakout or Retest
Bullish Scenario:
If PEPE breaks above $0.00000798, expect a push toward $0.00000839 or higher, potentially triggering short liquidations and accelerating the rally, as whale activity indicates confidence in an upward move.
Bearish Scenario:
If $0.00000769 fails as support, look for a retest of lower support levels around $0.00000740, as the market might turn bearish without fresh buying pressure.
Action Point:
Traders should set tight stop-losses and watch for breakouts above resistance to ride potential bullish momentum. Conversely, be ready to exit or short if the price breaks below $0.00000769, signaling a move lower.
Pepe (PEPE) reaches peak overvaluation: analysisOn-chain data shows meme coin Pepe (PEPE) is at its most overvalued since the start of the year. This follows a whale withdrawing 4 trillion tokens worth $28.40 million from Bybit.
PEPE’s Network Value to Transaction (NVT) ratio has soared to its highest level since the beginning of the year. This metric, which compares PEPE’s market capitalization to the value of its tokens transacted daily, currently sits at 202, having risen by 494% over the past 24 hours.
Additionally, the negative divergence between PEPE’s price and trading volume in the past 24 hours reinforces this outlook. PEPE is trading at $0.0000071, down 4%, while its trading volume surged by 70%.
The declining Chaikin Money Flow (CMF) for PEPE further confirms reduced buying pressure. At present, the CMF, which tracks the flow of capital into and out of the market, is below zero and trending downward, signaling market weakness and increased liquidity exit.
If PEPE holders continue to remove capital from its market, the token’s value will drop to $0.0000059.
However, if market sentiment improves and demand rises, the meme coin could erase a zero and trade at $0.000010.
What PEPE traders need to know before making the next movePepe (PEPE) was testing a key resistance level of $0.0000077 at press time. This comes after the meme coin rejected a key bullish pennant at $0.0000063 and acquired a massive surge of 20% to the recent trading price.
The $0.0000077 level emerged as a barrier to the bullish momentum breaking out to test the higher resistance at $0.0000091.
This consolidation phase precedes a period of upward movements, raising market curiosity on whether the bull rally will continue or not.
The stochastic RSI indicator for PEPE hinted at a bullish divergence. This suggests the ongoing consolidation might lead to an upward movement. However, a bearish run cannot be written off since the stochastic RSI was approaching an overbought zone.
The bullish pennant pattern on the chart strengthens the chance of a breakout. However, the $0.0000077 resistance level still poses a major challenge for the bulls to beat.
Taking a closer look at market trends, the Coinglass liquidation heatmap revealed some interesting trends on whale activity.
The data showed that PEPE whales are returning. Key market participants are positioning themselves around current prices, which might spark excitement if PEPE makes a significant move.
Looking ahead, market participants are keeping an eye on that $0.0000077 resistance level. Pushing past it could send PEPE rocketing up to its recent high of $0.0000091.
If it fails to break through, we might see it drop back down to support around $0.0000069.
PEPE whales could push coin for a positive retestPEPE whales are saving the meme coin’s price, which has been struggling to recover its losses following a significant crash at the end of July. Despite several attempts to regain momentum, PEPE remains close to testing a critical support floor.
As of now, these large wallet holders seem to be the key force preventing further decline. Without their intervention, the altcoin could potentially lose its support level, leading to a deeper price drop.
In recent weeks, the overall market sentiment surrounding the PEPE price has turnedincreasingly bearish. Long-term holders, who traditionally play a vital role in supporting cryptocurrency prices, have shown signs of decreasing confidence.
However, despite the bearish outlook from long-term holders, whale activity has played a crucial role in keeping the PEPE price afloat. Earlier this week, top addresses—excluding exchange wallets—collectively added more than 6 trillion PEPE, valued at a little over $42 million.
This has reflected on the chart. PEPE price is presently trading just above its critical support floor of $0.00000702. This line has acted as strong support multiple times over the past few months.
Thus, there is a reasonable expectation that PEPE will hold above this level for now. Should the price break below this line, it could spell trouble for the altcoin’s short-term prospects.
Currently priced at $0.00000710, PEPE is likely to continue its sideways movement in the near term. If the current level of buying persists, the coin could make a move toward its next resistance at $0.00000912.
However, if selling pressure intensifies, this outlook could quickly shift. In that scenario, PEPE could see a decline to its support level at $0.00000633, invalidating any potential bullish-neutral thesis.
Pepe (PEPE): price surge ahead?With a bearish face for the meme coins, the PEPE price action reveals a falling channel pattern in the daily chart. Currently, the meme coin finds support at $0.000007042 with the high possibility of an inverted affair head and shoulder pattern.
Another bearish signal is the declining 50-day EMA readied for a death cross with the 200-day EMA. However, the bullish divergence at the support level is massive and projects a potential turnaround.
Furthermore, with the crypto market’s upcoming recovery phase, the meme coins’ bull cycle is known to give massive returns. Amid such a known performance of PEPE with a YTD year growth of $0.000007042, the meme coin has a massive upside.
With this intense but healthy correction, the PEPE ranks in our best crypto-to-buy right now list.
The next bottom support stands at $0.0000048 for the price targets, with the overhead targets at $0.0000010 and $0.0000012. In case of a bullish reversal rally with the broader market recovery, the meme coin could make a new 52-week high at $0.0000018.
PEPE/USDT: 300-400% RALLY IN Q4!!Hey everyone!
If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!
Welcome to this PEPE/USDT analysis. PEPE is forming a symmetrical triangle structure in the daily time frame and is heading toward the triangle's lower trendline. We have a strong support here (Green box). Once it breaks out from the triangle, we can expect a 200-300% pump easily. Accumulate it in the green box and hold it patiently.
Entry zone:- $0.0000060-$0.0000070
Target:- 300-400%
SL:- Daily close below $0.0000050
What are your thoughts on PEPE's current price action? Share your analysis in the comments below!
PEPECOIN to likely sell furtherPEPECOIN to likely sell further
PEPECOIN broke through 800 zone and closed with the formation of a bearish pinbar.
We have the ascending support trendline that may likely act as support. However, we should watch out for 867 zone before the possible hit of the trendline.
Risk management is king
PEPE ANALYSIS🚀#PEPE Analysis :
🔮#PEPE is trading in a symmetrical triangle pattern on the daily timeframe💁♂️
We could expext a breakout of the symmetrical triangle pattern and could expect a potential bullish move📈
Expect a bullish wave of around 50% in the coming weeks
🔰Current Price: $0.00000780
🎯 Target Price: $0.00001200
⚡️What to do ?
👀Keep an eye on #PEPE price action. We can trade according to the chart and make some profits⚡️⚡️
#PEPE #Cryptocurrency #TechnicalAnalysis #DYOR
Pepe (PEPE) braces for 28% dropPepe (PEPE) has been trading within a falling wedge pattern since May 27. Currently priced at $0.0000077, its value has dropped by 52% during this period.
PEPE’s price could decline further, as it appears poised to break below the lower line of its falling wedge, which would signal a continuation of the downtrend.
A falling wedge pattern occurs when an asset’s price moves between two downward-sloping trend lines. The upper trend line serves as resistance, while the lower trend line acts as support.
Typically, despite the downtrend within the wedge, this pattern is considered bullish because the price often breaks out above the upper trend line upon completion, leading to an upward movement.
However, PEPE may be an exception. Since August 25, the meme coin’s price has been on a downtrend, dropping by 15% and pushing it closer to the lower line of the falling wedge.
\When an asset’s price breaks below the lower trendline of a falling wedge, it invalidates the bullish projection typically associated with this pattern and suggests that the downtrend may continue.
PEPE’s technical setup supports this possibility. The altcoin has fallen below key moving averages, trading beneath both its 20-day exponential moving average (EMA) and its 50-day simple moving average (SMA).
If PEPE bulls fail to defend the lower line of the falling wedge, the meme coin’s price could decline to its August 5 low of $0.0000059, representing a 28% drop from its current value.
However, if the current trend reverses and PEPE resumes its uptrend, its price could rise to $0.0000086.