[1000PEPE SMC 08/11] $1000PEPE 0.004911 USDT | Today: Bullish bias
PEPE is maintaining its uptrend, but there are signals to watch before entering a trade.
1. BIG PICTURE
- D1 (daily timeframe): Bullish.
- H4 (4-hour timeframe): Trending up.
- I favor LONG positions (expecting the price to rise).
2. WHY THE BULLISH BIAS?
- The latest H4 high is at 0.005687; price has yet to break above it and is still +15.8% away.
- The latest H4 low at 0.004298 is still holding, with price currently +14.3% higher.
- The downside is that momentum is slowing: D1 MACD is still green, but the bars are getting shorter. ADX at 34 indicates the trend remains clear.
3. KEY PRICE ZONES TO WATCH
- Support: 0.004247 - 0.004322 (demand zone, H4 Order Block).
- Resistance: 0.005687 (latest H4 high).
- Potential buying zone: 0.004247 - 0.004322 (H4 planned entry zone), only if there is a confirmation signal.
- Potential selling zone: 0.005687, only if there is a confirmation signal.
4. TWO SCENARIOS FOR TODAY
- If price rises: it must hold the 0.004247 - 0.004322 zone and break above 0.005687 to confirm the uptrend. Next target: 0.006148.
- If price falls: if it breaks below 0.004247 and fails to reclaim it, the trend could weaken. Next target: 0.004051.
5. WHEN WOULD I BE WRONG?
An H4 candle close below 0.004033 would invalidate the bullish scenario, and the outlook would need to be reassessed.
RISKS TO KEEP IN MIND
- The average daily range is around 9.0% (D1 ATR); price may sweep through the levels above before choosing a direction.
- An Order Block is only an area to watch and may not hold price. Macroeconomic news can cause sharp price movements and slippage.
Price at the time of writing: 0.004911 USDT (18:05 08/11/2026, UTC+7). Markets move quickly; always remember to use a stop-loss.
Personal opinion for reference only, not investment advice.
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