PEPE Ready to Rip? 3 Take-Profits Lined Up from This Key Support

PEPEUSD is currently forming a potential bullish reversal near the key support zone between 0.00001060 and 0.00001099. This level has acted as a solid demand zone previously, with price bouncing off this range multiple times in the recent past. The current price action suggests consolidation above this level, hinting at potential accumulation by buyers.

We can observe a compression in volatility, with recent candles showing smaller bodies and longer wicks near support—classic signs of weakening bearish momentum. The prior price rejection from the 0.00001318 zone and the smooth retracement to support further confirm this as a healthy correction rather than a trend breakdown.

The DPO (Detrended Price Oscillator) is hovering close to zero, suggesting the asset is entering a potential pivot zone. A move into positive territory would support the bullish scenario, ideally confirmed by an increase in volume on the breakout above short-term resistance.
This setup is particularly attractive for scalpers or short-term traders, aiming to capture quick momentum surges across multiple resistance levels.

📌 Trade Setup
• Entry Zone: 0.00001167–0.00001177
• Stop-Loss (SL1): 0.00001060
• Take-Profit 1 (TP1): 0.00001318
• Take-Profit 2 (TP2): 0.00001443
• Take-Profit 3 (TP3): 0.00001603

Strategy Note: The risk-to-reward ratio is highly favorable, particularly for TP2 and TP3. The setup allows for flexible scaling of positions as price hits each resistance level. With no immediate macro threats on the 4H structure and price defending support, this setup offers a clean bullish opportunity.