PEPE/USDT 1H: Testing Resistance – Can Bulls Push Toward 0.0000

PEPE/USDT 1H: Testing Resistance – Can Bulls Push Toward 0.00000780?
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Current Market Conditions (Confidence: 7/10):

• Price at 0.00000734, currently testing a key resistance level.
  
• RSI at 54.41, indicating neutral conditions with room for further upside.
  
• Clean order block formation at 0.00000640, suggesting strong underlying support.
  
• No significant divergences present, making confirmation crucial for continuation.
  

LONG Trade Setup:

• Entry: 0.00000720 - 0.00000734 zone.
  
• Targets:
  
• T1: 0.00000760 (first resistance).
  
• T2: 0.00000780 (next liquidity zone).
  
• Stop Loss: 0.00000640 (below recent support).
  

Risk Score:

• 6/10 – Moderate risk setup; requires confirmation at resistance levels.
  

Market Maker Activity:

• Accumulation visible at higher lows, with decreasing selling pressure.
  
• Recent higher low formation suggests potential continuation toward upside targets.
  
• Strong support established at 0.00000640, reinforcing a favorable risk-to-reward ratio.
  

Recommendation:

• Long positions are favorable in the 0.00000720 - 0.00000734 range.
  
• Watch for breakout confirmation above 0.00000740 before increasing exposure.
  
• If rejection occurs at resistance, wait for a retest of 0.00000700 before re-entering.
  

🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!