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Technical analysis by shakatrade1_618 about Symbol PEPE: Buy recommendation (3/7/2025)

https://sahmeto.com/message/3300208
shakatrade1_618
shakatrade1_618
Rank: 4118
1.8
Buy،Technical،shakatrade1_618

Short-Term Perspective for PEPEUSDT Over the past three months, the token has been in a downtrend, forming an impulsive structure. This raises concerns about whether PEPE is still in a bullish trend or if a deeper correction is underway. In the near term, the key area to watch is the MA20week and MA200d levels, along with the price imbalance zones. With high probability, a short-term bullish movement could occur toward these resistance zones. Long-Term Scenarios From a broader perspective, three potential scenarios are in play: Bullish Continuation – If the correction completes as expected, we could see the start of Wave V, leading to new highs. Extended Correction – A larger corrective Wave IV could still be in progress, delaying a breakout. Bearish Reversal – If price fails to reclaim key levels, a larger downward structure might develop, invalidating the bullish outlook. The market structure remains uncertain, requiring further confirmation of bullish momentum. Monitoring price reaction at key resistance levels is crucial before making definitive trend assessments. PEPEUSDapproximate projection of movementThe idea played out in the end — despite a timing lag. Clear reaction off resistance, no follow-through

Translated from: English
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Signal Type: Buy
Time Frame:
6 ساعت
Profit Target:
$0.000009
Stop Loss Price
$0.0000055
Price at Publish Time:
$0.0000072052
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