Technical analysis by Ikeyhan about Symbol PEPE on 11 hour ago

🔎 Chart Context •Pair: PEPE/USDT •Exchange: Binance •Timeframe: 1D (Daily) •Date: 21 August 2025 This chart shows PEPE consolidating inside a wide range after a strong rally earlier in 2025. 📊 Key Observations 1.Macro Structure •After bottoming near 0.000000571 – 0.000000796, PEPE launched a major rally. •Peak reached 0.00001632 in May, followed by distribution and sideways movement. •Since then, price is locked in a consolidation box between ~0.00000830 (support) and ~0.00001475 (resistance). •Current price: 0.00001103, trading mid-lower range. 2.Support & Demand Zones •0.00000986 – 0.00000830 zone: Strong demand within the consolidation box. •0.00000758 – 0.00000571 zone: Deep liquidity & long-term accumulation zone (likely institutional demand). 3.Resistance & Supply Zones •0.00001362 – 0.00001475 zone: Key supply cap inside consolidation. •0.00001632: Major liquidity sweep level, where last distribution happened. •Any breakout above this opens continuation toward 0.000018–0.000020. 4.Liquidity Behavior •Below: liquidity clusters at 0.00000986, 0.00000830, and deeper 0.00000758–0.00000571. •Above: liquidity trapped near 0.00001475 and 0.00001632 highs. •The chart projection shows two scenarios: •Bullish breakout above the box targeting higher liquidity. •Bearish breakdown below 0.00000830, filling lower demand zones. 📈 Bullish Scenario (Preferred if 0.00000986 holds) •Price holds above 0.00000986–0.00000830 support zone. •Reclaims 0.00001200–0.00001300 midrange. •Targets: •TP1: 0.00001362 •TP2: 0.00001475 (range high) •TP3: 0.00001632 liquidity sweep •A daily close above 0.00001632 confirms a fresh bullish leg. 📉 Bearish Scenario (Lower Probability but Risk) •Price fails to hold 0.00000986–0.00000830 support. •Bearish continuation into: •0.00000758 liquidity level •0.00000571 long-term accumulation zone •Breakdown here resets the bullish thesis and could extend toward 0.00000525–0.00000450. ⚡ Trading Plan •Long Setup (Preferred): •Entry: Accumulation around 0.00000986–0.00000830. •TP1: 0.00001362 •TP2: 0.00001475 •TP3: 0.00001632 •Stop: Below 0.00000758 •Short Setup (Risky, only if breakdown confirmed): •Entry: Failed retest of 0.00000986–0.00001000. •TP: 0.00000758 → 0.00000571 •Stop: Above 0.00001160 ✅ Conclusion PEPE/USDT Daily is consolidating between 0.00000830 and 0.00001475 after a strong rally. The bullish scenario is dominant if the 0.00000986–0.00000830 zone holds, targeting 0.00001475 → 0.00001632. A breakdown below 0.00000830 would invalidate the bullish structure and send price to 0.00000758–0.00000571 demand zone.