$PEPE has a rising 4h structure and is consolidating near its highs after a strong advance. The breakout hour traded approximately $72.5m, vs $20.8m in the preceding hour. OI increased during the advance, supporting broader participation, while indicated funding remains modest at +0.01%.
However, hourly volume has cooled and OI remains below its post-breakout peak. Recent buying flow is mixed. These observations support a continuation watch, but they do not confirm another leg higher. A successful pullback would show that buyers can defend the newly established range.
My setup
Direction: 🟢 long
Entry: 0.000004580–0.000004600
Stop-loss: 0.000004535
TP1: 0.0000046704
TP2: 0.0000047867
TP3: 0.0000049030
If 0.004554 fails, cancel the immediate long idea; 0.0044883 becomes the next support reference. If price rallies without the planned retest, let this entry go. always DYOR
$PEPE
However, hourly volume has cooled and OI remains below its post-breakout peak. Recent buying flow is mixed. These observations support a continuation watch, but they do not confirm another leg higher. A successful pullback would show that buyers can defend the newly established range.
My setup
Direction: 🟢 long
Entry: 0.000004580–0.000004600
Stop-loss: 0.000004535
TP1: 0.0000046704
TP2: 0.0000047867
TP3: 0.0000049030
If 0.004554 fails, cancel the immediate long idea; 0.0044883 becomes the next support reference. If price rallies without the planned retest, let this entry go. always DYOR
$PEPE