PEPE/USDT 1H: Bulls Target $0.00001500 After Key Accumulation !

PEPE/USDT 1H Chart Analysis
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Market Condition:

• Consolidation after a sharp decline, showing signs of accumulation around $0.00001299.
  
• RSI: Bullish divergence from oversold territory, suggesting potential upward momentum.
  
• Volume Profile: Indicates smart money activity at current levels.
  

Key Levels:

• Entry Zone: $0.00001299-$0.00001310
  
• Targets:
  
• T1: $0.00001400 (previous support turned resistance).
  
• T2: $0.00001500 (major psychological level).
  
• Stop Loss: Below $0.00001250 (recent low).
  

Smart Money Analysis:

• Accumulation visible in the discount zone.
  
• Hidden Bullish Divergence: Forming on RSI, supporting a potential reversal.
  
• Fair Value Gap (FVG): Above $0.00001400, likely to act as a magnet for price.
  

Risk Score: 6/10

• Moderate risk due to recent volatility, but reversal signals are promising.
  

Recommendation:

• Long position within the $0.00001299-$0.00001310 range.
  
• Watch for volume confirmation as price approaches $0.00001400.
  
• Keep position sizes conservative to manage risk effectively.
  
• Confidence Level: 7/10 for bullish reversal potential.
  

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