It's been months since we've been following PEPE up close on every moment. On the daily timeframe $0.0000022 is our minimum target and that is where I expect price to be heading just after this last retracement.
One can start to load up pepe anywhere within the highlighted box even though I expect price to retrace back to the wave A-blue region ($0.000001) to sweep up all the liquidity before the train to the daily timeframe target but you know price can be tricky and we also might possibly not reach there if the supposed wave 4-green happens to be an Elliott wave Running Flat rather than the anticipated Flat or Expanded Flat.
The invalidation level (red dotted line) is clearly stated on the chart.
There are couple of other scenario, you should check them out on my page for more clarity and trend direction.
See all previous analysis on PEPEUSDT for context.
Trade closed: target reached