Technical analysis by coinpediamarkets about Symbol PEPE: Buy recommendation (1/7/2026)

P PEPE/USDT is currently rejecting from the Supply Zone ($0.00000701 – $0.00000712), indicating short-term distribution and profit-taking. Price is expected to continue pulling back toward the Demand Zone ($0.00000617 – $0.00000631), where strong buying interest previously entered the market. The Demand Zone is likely to act as a base for the next move higher, setting up a potential bullish continuation. Entry: $0.00000626 (within demand zone, optimal risk-to-reward). Stop Loss: $0.00000610 (below demand → clean invalidation). Target 1: $0.00000660 (initial liquidity grab / reaction level). Target 2: $0.00000706 (return to supply and prior highs). Bias: Bullish after demand reaction; pullback is corrective as long as price holds above $0.00000617.Stop Reached