Technical analysis by TradeSmart-2 about Symbol PEPE: Buy recommendation (4/17/2025)

Current Market Structure:Price at time of analysis: ~0.00000729 USDT.The market had a sharp drop, consolidated, and now appears to have bounced from support near 0.00000580.Price is forming a potential bullish reversal and has broken above a falling wedge, which is typically a bullish pattern.📈 Trend Channels and Support/Resistance:The chart uses parallel channels to identify market direction. PEPE seems to be respecting an upward trend channel.Key support/resistance levels:Support: 0.00000580, 0.00000359Resistance: 0.00001717, 0.00002834Target zone: Around 0.00016000 (as marked on the chart)📊 Projection (Light Blue Path):The light blue projection shows a bullish scenario:Gradual growth till mid-2025Strong breakout afterward toward 0.00016000This would imply a massive rally — potentially more than 20x from current levels.🧠 Conclusion / Sentiment:The overall bias based on this chart is bullish.Ideal entries may have been around the wedge breakout (around 0.00000580).Conservative traders might wait for confirmation above 0.00000900 (near resistance).Long-term target: 0.00016000, but expect pullbacks and consolidations along the way.