Technical analysis by Bicoinmoney about Symbol PEPE: Buy recommendation (4/3/2025)

1. Price Chart & Falling Wedge PatternPEPE is currently trading within a falling wedge, a pattern that typically signals a bullish reversal upon breakout.Price just bounced from a key support zone around 0.000000525 - 0.000000690, forming a potential double bottom.Still hugging the lower wedge boundary, meaning a breakout or a strong bounce is possible.2. Ichimoku CloudPrice is below the Kumo cloud, confirming a bearish long-term trend.However, both Tenkan-sen and Kijun-sen are flat, hinting at a potential squeeze before a big move.The future cloud is narrowing, showing reduced resistance in case of a bullish breakout.3. RSI (Relative Strength Index)RSI is around 30.12, entering oversold territory.It's starting to curl upward, suggesting a possible bullish divergence.4. WTO (Wave Trend Oscillator)WTO is deep in the oversold zone, and a green signal dot just appeared.This often indicates early signs of momentum reversal or upcoming bounce.5. MACDMACD just flipped bullish with a crossover below the zero line — a classic early reversal signal.The histogram is turning green, confirming the downtrend is losing strength.6. Cluster AlgoBoth green and red lines are in deep oversold conditions, hovering close together — a sign of consolidation.A green dot just flashed, another indication that a bullish move may be coming.Summary✅ Bullish signals:Price sitting on major support + falling wedge pattern.RSI, MACD, WTO all showing reversal potential.Early signs of bullish divergence.⚠️ Caution:Long-term trend still bearish (below Ichimoku cloud).No significant volume spike yet to confirm a breakout.Suggested Strategy (Not financial advice):Speculative entry: around 0.00000070 – 0.00000073Stop-loss: below 0.00000052Take-profits:TP1: 0.00000105 (Fibonacci 0.5)TP2: 0.00000131 (Fibonacci 0.618)TP3: 0.00000223 (Fibonacci 0.786)29/05/2025 Pepe hit TP1