Technical analysis by TheTraderAndy about Symbol PEPE: Buy recommendation (9/17/2025)

TheTraderAndy

PEPE appears to be following a classic Wyckoff Accumulation structure on the weekly timeframe. After completing the Phase A–C cycle with a clear Spring & Test, the market is showing early signs of strength. Phase A: Preliminary Support (PSY), Buying Climax (BC), Automatic Reaction (AR), and Secondary Test (ST) established the range. Phase B: Extended consolidation with an UT (upthrust) before the final breakdown. Phase C: Spring & successful Test confirmed demand absorption at the lower boundary. Phase D: Current price action shows a Jump Across the Creek (JAC) followed by a Last Point of Support (LPS). A Sign of Strength (SOS) is expected with a move above $0.00001581. Phase E (Projection): Continuation higher with new LPS formations and a potential markup cycle toward $0.00002826 and above.