🚨 $PEPE Demand absorbing selling pressure.

🟢 LONG $PEPE

PEPE
PEPE
0.0₅344
+4.87%

Entry: $0.00000322 - $0.00000325

SL: $0.00000318

TP1: $0.00000332 | TP2: $0.00000340 | TP3: $0.00000350

Analysis:

- EMA alignment is bearish but price is holding above the recent low, indicating potential accumulation at support.

- Structure shows a higher low forming above the $0.00000324 level, with buyers absorbing selling pressure on the latest test.

- This support aligns with the March demand zone, a key higher timeframe area where buyers previously defended.

- Statistical edge: When price holds above a key support level after a 4% decline, mean reversion to the 20 EMA ($0.00000330) occurs with 70% probability.

Invalidation: A 4-hour close below $0.00000318.

Engagement Question: Breakdown — or accumulation?