Pepe (PEPE): Strong Dominance From Sellers | Short Setup!Pepe coin has a good chance to fall where we have formed here a nice smaller bullish channel, and recently sellers had a decent rejection from the upper resistance zone, and sellers secured the EMAs.
It seems like the price is doomed to fall towards the lower zone here so as long as we are below EMAs, this is going to be our game plan for PEPE.
Swallowa Academy
1000PEPEUSDT.P trade ideas
PEPE - This is why price explode - Speed Index ReadingThere is always a reason why price explodes either true or fake. The criteria to look at are:
- Location - very important - where is the price locate - higher probability trades accomplished when the price leaves a significant location such us Fib, Sup/Res, AVWAP
- The volume waves - nothing moves without volume - sometimes is not so visible by the volume waves alone because they distribute or accumulate little by little, that's why we have Speed Index
- Reading Speed Index
- The proper entry signal
In the attached chart I will demonstrate how I read it using the above criteria (annotations are in sync with the chart):
1. Price entering Fib Area 50-61.8 - possibility of buyers to come in
2. Price touching AVWAP (three blue lines) coming from the bottom of a previous swing acting as resistance - another possibility of buyers to come in.
3. Speed Index 6.4, that's an abnormal speed index , that what I call first push up or PU, price never drops below the beginning of this wave
4. Speed Index 11.1, that's another abnormal speed index and that's what I call a hard to move down (HTMD) . What's happening here is that all the sell orders are absorbed by buy orders and price breaks on the up wave the origin of the HTMD wave.
5. Finally the entry Long with a PRL (Plutus Reversal Long) signal an up,up,up, we go!!!
I hope my years of work helps you out on reading charts!
Enjoy!
Copy Paste Lesson 15 on PEPELesson 15 Methodology
This trade is a copy paste from my previous post
1. Largest Up Wave (sellers might be entering on large waves-to connfim later on)
2. Anchor AVWAP
3. Price respecting AVWAP as resistance several times
4. Enter on a Plutus Short signal
....and down we go !!!
PEPE/USDT PERPETUAL TRADE, SOLD FROM 0.0089500PEPE/USDT PERPETUAL TRADE
PEPE SELL SETUP
Currently $0.0089500
Sold at $0.0089470
(Trading plan If PEPE/USDT up to $0.009500 we will add more sell)
Expecting target $0.0085100 0R DOWN
Incase of early exist will update this anaylsis
Its not a Financial advice
$PEPE - Local SupportCRYPTOCAP:PEPE | 4h
The price is now outside the distribution curve and is starting to establish a base here
If we can hold .0070 to .0068 (PoC), I believe we could test .008 to .009 (short-term target).
I expect the price would pull back down to the current level .0070s before we reach higher targets.
Bearish opportunity in PEPE1. On the daily chart price has purged to Daily SIBI LOW - This is my main PD array
2. On H1 we have MSS confirming orderflow
3. We have draws as the sellside liquidity
On the fundamental side:
"The SEC just said that meme coins are generally NOT considered securities under US federal law.
They also said that meme coins have "limited or no use" and do not need to be registered with the SEC.
"Did the SEC basically just call meme coins so worthless that they're not even considered a security? "
"quoted from the, The Kobeissi Letter on X/Twitter"
PEPE Short term BullSince markets a bit slow today, yet were expecting a volatile week, heres an analysis i have and would love to hear more from the public.
A lot of imbalances were left and has turned into supports/ resistances, more likely to crash in the following weeks rather than getting a bull run, OR just setting up a double bottom (Weekly) before hitting then alt season.
#1000PEPEUSDT expecting further decline!📉 SHORT BYBIT:1000PEPEUSDT.P from $0.009650
🛡 Stop Loss: $0.009875
⏱ 1H Timeframe
📍 Overview :
➡️ BYBIT:1000PEPEUSDT.P remains under selling pressure after failing to sustain an upward move. The price is trading below the key POC $0.010072 , which previously served as a high-liquidity zone.
➡️ The recent breakdown of $0.009815 , followed by a retest as resistance, confirms the bearish scenario.
➡️ If the asset holds below $0.009650 , this could trigger a move toward $0.009242, where buying interest was previously observed.
➡️ Current price action shows weakness in buyers as volume does not support an upward breakout.
⚡ Plan :
➡️ Enter short once a firm breakdown below $0.009650 is confirmed.
➡️ Risk management through Stop-Loss at $0.009875 , positioned above the nearest resistance zone.
➡️ The main downside target is $0.009242 , where profit-taking and a possible bounce could occur.
🎯 TP Targets:
💎 TP 1: $0.009242
📢 BYBIT:1000PEPEUSDT.P is showing signs of further downside, with no strong buying reaction at the moment.
📢 The $0.009242 level should be closely monitored as a potential support zone. If weakness persists, breaking this level could accelerate downward pressure.
📢 For those holding long positions, caution is advised when facing repeated resistance retests.
🚀 BYBIT:1000PEPEUSDT.P continues to show weakness — expecting further decline!
PEPEUSDTKey Features
Support and Resistance Levels:
Support:
The first support level is marked around 0.0124 (middle blue line).
A deeper support level is identified at 0.0052 (bottom blue line), which represents a historical low area.
Resistance:
The key resistance level is around 0.0265 (top blue line), where the price previously faced rejection.
Current Price Action:
The price is currently trading near 0.0163, which is closer to the middle support zone.
The red and green arrows suggest potential scenarios:
Green Arrow: A bullish move toward resistance at 0.0265 if buyers regain control.
Red Arrow: A bearish move breaking below support at 0.0124, with the next potential target being the lower support at 0.0052.
Trend Overview:
The price experienced a significant rally in 2024, followed by a pullback, and is now consolidating between the middle support and resistance levels.
The overall trend is neutral, with the price stuck in a range.
Potential Scenarios
Bullish Scenario:
If the price bounces from 0.0124 and gains momentum, it may attempt to test the next resistance at 0.0265.
A break above 0.0265 could indicate a continuation of the uptrend, with potential for further upside.
Bearish Scenario:
If the price breaks below 0.0124, it could trigger a sell-off toward the next major support at 0.0052.
This would indicate bearish sentiment and could result in a prolonged downtrend.
Trading Strategy
For Buyers:
Look to buy at 0.0124, the key support zone, if there are signs of a bullish reversal (e.g., bullish candlesticks, volume increase).
Consider adding to positions if the price breaks above the resistance at 0.0265, targeting higher levels.
For Sellers:
Consider selling if the price shows rejection near 0.0265, with a stop loss slightly above.
Look for a short position if the price breaks below 0.0124, targeting the lower support at 0.0052.
Risk Management
Stop Loss:
Buyers: Below 0.0124.
Sellers: Above 0.0265.
Take Profit:
Buyers: Around 0.0265 or higher.
Sellers: Around 0.0124 or 0.0052.
$BYBIT:1000PEPEUSDT.P SnapshotThis is my view on 1000PEPEUSDT what i observed is that the market is bullish so we look for buy opportunities.
1. I saw a very good entry on the 4h and it it broke structure.
2. Moved to 1h ltf to find entry for buy order.
3. The reason i placed my stop loss at 0.017278 level is because i can see some sell side liquidity lying below that area.
4. About the take profit we are expecting the buy side liquidity to be taken.
SHORT PEPE NOW! becauseAs in the chart attached to this article, the price of PEPE/USDT or 1000PEPE/USDT.P (for those trading the perpetual symbol, PEPE is currently on a downward movement on the daily, which is a clear sign of a downtrend. In this analysis, a perfect retracement of 79% on the FIB is at the place of interest, which has very high level of confluence which i can't go over in this article. But if you'd like to know how i got the accurate entry to this trade and more exactly like this, follow, and i'll interact with you. For now, enjoy this trade, and lets ride the wave together.
P.S: Don't forget to set your limit orders!
@realalvaritarfa
Cup of pepeThe previous figure
has transformed into a new one.
Why not?
A cup of pepe.
Even if no one took profit a week earlier, at +50%, now you can close at +10% and wait for the Pepe Cup to work out))
According to the classics of the genre, the figure is worked on to the height of the cup. This means the target of the figure
0.039498.
Let's see how this works?
1000PEPEUSDT.Phello friends
Due to the high growth of this coin, now that it has entered a correction, it has reached a very strong support area, from where we expect a higher ceiling.
Note that the price will increase if the support zone remains valid and does not break, so manage your investment and be careful...
This analysis is checked from a technical point of view.
Be successful and profitable.
Bull flag or pennant at 1000PEPEWhy not?
Pepe has been making me happy with intraday trading for the last six months for sure.
So why not?
On the wave of a good bullish trend and the fall of Bitcoin dominance, you can build a fairly simple, I would say, textbook pattern of a flag or pennant.
Let’s take the exit from the sideways trend as the base, the potential take of the pattern is 0.03999.
On the daily timeframe, the RSI has not even reached 90 and is very far from a technical break in the trend.
I assume the pattern will work.