PEPE is currently trading in a capitulation zone, which historically has acted as a strong accumulation area. We've seen price here before, and each time it was followed by a sharp upward move.
Based on historical price action, this zone has consistently preceded impulsive rallies without retests. The current structure shows similar characteristics.
A further dip of up to 10% is possible, reaching the lower boundary of the zone.
After that, the realistic target is the yellow line (marked on the chart).
Anything beyond that is “moon territory”, which is unlikely without a strong fundamental catalyst.
PEPE is back in the zone where nobody believes. But historically, this is exactly where the rallies began. I’m not chasing hype — just following the pattern.
Anything above the yellow line is emotion, not strategy.
Based on historical price action, this zone has consistently preceded impulsive rallies without retests. The current structure shows similar characteristics.
A further dip of up to 10% is possible, reaching the lower boundary of the zone.
After that, the realistic target is the yellow line (marked on the chart).
Anything beyond that is “moon territory”, which is unlikely without a strong fundamental catalyst.
PEPE is back in the zone where nobody believes. But historically, this is exactly where the rallies began. I’m not chasing hype — just following the pattern.
Anything above the yellow line is emotion, not strategy.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.