Technical analysis by ONE1iMPACT about Symbol PEPE: Buy recommendation (5/10/2025)

The PEPE/USDT daily chart from May 10, 2025, reveals a textbook "Phoenix Rising" pattern that signals an extraordinary trading opportunity currently unfolding. Trading at 0.00001305 with significant momentum (+5.50% on rising volume), PEPE appears poised for a massive recovery rally toward historical resistance.---- Technical Structure: Bottoming Pattern Complete ---After a prolonged downtrend from January 2025, PEPE has formed a perfect bottoming pattern with these key components:1. Accumulation Channel Formation (yellow boundaries) - The March-April base-building phase where smart money quietly accumulated positions between 0.000005-0.0000082. Channel Breakout Confirmation - The recent powerful green candle with expanding volume (28.17T) signaling institutional entry3. Historical Supply Zone (purple rectangle) - This is the crucial 0.0000175-0.0000185 range that previously acted as support before the January breakdown--- Trading Roadmap: The 66% Upside Play ---The blue pathway illustrates the anticipated price movement, with three distinct phases:Phase 1: Consolidation - After the initial breakout surge, price will likely form a higher low around 0.00001033 (marked as entry point), creating the ideal risk-reward opportunityPhase 2: Stair-Step Advance - A series of higher highs and higher lows as price climbs through previous resistance levelsPhase 3: Target Achievement - Final push toward the 0.00001715 take-profit target, representing a 66% gain from the suggested entry point --- Technical Reasoning: The Triple Confluence ---What makes this setup particularly compelling is the triple confluence of factors:1. Volume Confirmation - The breakout candle shows 5.50% gains on expanding volume, the textbook definition of genuine price movement2. Historical Context - The current price structure mirrors almost identically the bottoming pattern seen in early 2024 before PEPE's previous major rally3. Macro Alignment - This move coincides perfectly with the projected Bitcoin dominance decline (as seen in broader market analysis), creating ideal conditions for meme coin outperformance--- Strategic Entry Plan ---The optimal approach to this opportunity is to wait for the pullback to the 0.000010 level, which provides:- Clear invalidation point (below 0.0000095)- Exceptional risk-reward ratio (over 5:1)- Confirmation of higher low pattern formation4H VIEW HERE The current market structure suggests this retracement will likely occur within the next 10-14days, creating the perfect entry window before the projected June rally toward the target zone.This Phoenix pattern represents one of the clearest technical setups currently visible in the crypto market, offering a well-defined opportunity with precise entry, target, and invalidation levels.HELP US WITH LIKE AND FOLLOW GUYS .. THANK YOU