$PEPE /USDT – 15m Chart Read
Price flushed into the 0.00000405 area, where buyers stepped in aggressively, printing a clear defended support. That zone held on the retest, signaling seller exhaustion and short-term demand absorption.
Since the bounce, price is consolidating around 0.00000410, compressing just above short-term moving averages. This tight range shows balance after the selloff, not panic—momentum has slowed, but structure is stabilizing.
On the upside, resistance sits at 0.00000418–0.00000422, followed by a higher target near 0.00000430, where prior supply and trend MAs align. A clean push through that band would signal momentum expansion and shift control back to buyers.
Bias remains cautiously bullish while price holds above the defended base. The tape favors a continuation attempt as long as higher lows remain intact and sellers fail to press price back into the range lows.
Caution: A loss of 0.00000405 would weaken the structure, invalidate the bounce narrative, and reopen downside risk—late buyers could get trapped if that level fails.
Fast tape, tight structure, and a market waiting for its next impulse.
#WriteToEarnUpgrade #USJobsData #CPIWatch #StrategyBTCPurchase #BTC90kChristmas
