Alright, here’s the breakdown for PEPE, now turbo-charged with all the latest charts and key observations for anyone looking to dive in (or survive) this meme-driven ride. Let's keep it sharp, smart, and laced with that classic Cold Blooded Charter tone. Ready? Here we go.
---
1. Quick and Dirty Recap: The Current Scene
PEPE’s pumped up nearly 73% in a single day. Let’s pause here – that’s the kind of move that could make even the most hard-nosed trader’s palms sweat. We're looking at multi-timeframe alignments screaming momentum, but remember: when meme coins fly this high, the ground is always just one quick plummet away.
Core Metrics:
Weekly RSI rocketing into the danger zone, hovering around 97. Translation? Overbought, and frothy as it gets. Beware of a pullback.
Volume has surged massively, but… it’s 10% shy of previous peaks. Less conviction in the market could hint at exhaustion.
:smiley: <- The smile you might lose if you buy too high here.
---
2. Key Levels to Keep a Cool Head
Let’s cut to the chase: where does PEPE stand on the charts, and where are your safety nets?
A) Scalp Zones (Short-Term Play)
Entry Zone: 0.00000225 to 0.00000235 – quick in and out for those daring enough to ride the smaller waves.
Stop Loss: Set tight below 0.00000210. This is no playground – scalp, then scram. The key here? Swift moves only, with a dollar that’s flexing strong from recent CPI data, hammering speculative assets.
Macro Note: With a strong dollar and higher-than-expected inflation, speculative assets (ahem, altcoins) face downward pressure. Watch out for fakeouts above resistance.
B) Longer-Term Pullback Entries (If You’re Patient)
1. Primary Level: 0.00000180 (rating: 8/10) – convergence of 50 MA and horizontal support on the 4H, prime level if it retraces.
2. Secondary Level: 0.00000150 (rating: 7/10) – more conservative, but aligns with the 100 MA on the 4H chart. Safer, though it may not hit in this hype cycle.
Stop Loss: Below 0.00000130 for these buys. Stay disciplined; meme coins are notorious for their reversals.
---
3. The “Smart Money” Buy-The-Dip Strategy
If you’re looking to buy a real pullback, and aren’t swayed by the FOMO of the current pump, this section’s for you. We’re eyeing levels that could see a meaningful bounce – but only if you’re willing to wait.
Entry Levels:
1. Level 1: 0.00000125 – decent demand zone.
2. Level 2: 0.00000090 – right around the 100 MA on the daily, offering structure support.
3. Level 3: 0.00000070 – extreme dip territory, aligns with the 200 MA. Buy here, and you’re either a genius or a madman.
Watch For Reversals:
Look for lower timeframe RSI to dip below 30 as a confirmation. Volume spikes? Even better. And remember, don’t be greedy – if you’re setting orders on these levels, don’t expect miracles on the way up. PEPE’s fun, but it’s fickle.
---
Closing Note:
PEPE’s a meme coin on a meme trajectory. We’re talking wild gains, but wild swings too. If you’re in, be ready to get out just as fast. And remember: the crowd that buys the pump usually ends up providing the exit liquidity for the ones who got in early. Know your levels, set your stops, and don’t let FOMO cloud your judgment.
Good Luck & Godspeed
CBC