Technical analysis by OmeresanMarineTamarapreye about Symbol PEPE: Buy recommendation (1/2/2026)

Bias: Bullish Reversal → Momentum Building PEPE/USDT is showing strong signs of a trend reversal after an extended bearish phase. Price has formed a clear base around the 0.40e-5 demand zone, followed by a decisive bullish reaction, indicating that sellers are losing control and buyers are stepping in aggressively. Technical Confluence Price has reclaimed short-term structure after prolonged distribution. RSI (14) has surged into the 70+ region, confirming strong bullish momentum. The recent impulse suggests a change in market character (ChoCH) from bearish to bullish. Key Levels to Watch Major Support: 0.40e-5 – 0.42e-5 Immediate Resistance: 0.72e-5 – 0.80e-5 Higher Resistance Target: 0.94e-5 Bullish Scenario Holding above 0.42e-5 keeps the bullish structure valid. A confirmed breakout above 0.80e-5 could trigger continuation toward 0.94e-5 and above. Bearish Invalidation A breakdown below 0.40e-5 would invalidate the bullish bias and signal potential continuation of the broader downtrend. Conclusion PEPE is transitioning from accumulation to expansion. Momentum currently favors the bulls, but continuation requires holding above key demand levels. Trade with confirmation. Risk management remains essential.