$PEPE I reviewed the higher time frame chart, and the number $PEPE is now located in a key historical demand zone...
This area previously acted as a strong base, and the price is now holding steady instead of collapsing, which is a significant signal.
After the recent expansion, PEPE underwent a prolonged correction and is now consolidating near the support range of 0.0000050–0.0000060. Selling pressure has clearly diminished here. When the price stops accelerating downward and begins to oscillate at support, it typically indicates that distribution has ended and accumulation has begun.
As long as PEPE maintains the high above this key zone, the structure remains healthy. The first upward resistance is around 0.000014–0.000018, and a clean breakout above this zone could open the door for a larger move toward the previous expansion range.
This is not a setup for a rapid rise. This is a phase of building a base. Volatility will return only after sufficient time has passed to absorb the supply. Patience here is more important than excitement.
Let the structure unfold, respect the support, and allow the cycle to evolve naturally.
$PEPE
{spot}(PEPEUSDT)
#Binance