🐸 $PEPE Showing Signs of Accumulation
$PEPE has cooled off after its recent volatility, but the structure is starting to stabilize. Price is holding above a key support zone, which often signals accumulation rather than distribution.
📊 What I’m Watching: • Higher lows forming on lower timeframes
• Selling pressure decreasing after pullback
• Tight consolidation near support
• Volume slowly returning
Memecoins usually move fast once momentum returns — patience is key here.
💡 My Plan: Entry: Break above consolidation range with volume
Target 1: Recent local high
Target 2: Previous resistance zone
Stop Loss: Below established support
No overexposure — memecoins require strict risk management. Waiting for confirmation before committing.
Do you think $PEPE is gearing up for another run or still needs more consolidation? 👇
#PEPE #Memecoin #CryptoTrading
