- PEPE broke a key bearish daily structure, confirming a bullish shift
- After sweeping liquidity, price is now reacting to a daily supply zone
- Short-term pullback possible, but momentum favors continued upside — depending on reaction here
If you’ve been following my last PEPE article, you’ll remember one thing clearly — I was watching that CHOCH (Change of Character) like a hawk.
I said it loud and clear: if PEPE breaks that last bearish daily structure, we officially flip bullish. No halfway talk. No “maybe”. Just structure doing its job.
And guess what? That exact thing happened.
The PEPE price broke the daily supply zone we had clearly marked out. Not because it wanted to stretch its legs — it had to do it.
Why? Because if you want a new high, you’ve got to wipe out what’s holding you back. That supply had to go. And so it did.
Now, here’s the part I love: the price didn’t just shoot up endlessly. Nope. It paused, retraced a little — but not too much — just enough to sweep that juicy liquidity sitting right under the move.
Classic move. I’ve seen this play out countless times: the market creates a narrative, makes people chase, then grabs their stops to fuel the next leg.
Daily Chart Check – What’s PEPE Up To?
Right now, as I’m writing this, we’re looking at a PEPE price that’s pushing into a daily supply zone.
And if you’re new to this, supply zones are areas where sell orders tend to pile up — think of them like heavy ceilings. These are zones where price could pause, stall, or even reverse temporarily.
Personally? I wouldn’t be surprised if we see a short-term reaction from this area. Maybe even a mini-pullback — nothing dramatic, just enough to cool things down a bit before PEPE decides what it really wants to do.
That said, let me be 100% transparent, as always: we don’t get guarantees in this game.
The market could totally ignore the supply, break right through it, or stall for a week and trap both bulls and bears. What I’m offering here are possible scenarios, not certainties. Anyone claiming to “know” exactly what will happen is just guessing with extra confidence.
Final Thoughts on PEPE Price Action
This isn’t the time to chase. It’s the time to watch, wait, and react with patience. If you’re a scalper, there may be quick plays around this supply.
If you’re swing trading, maybe the retrace you’re waiting for is just around the corner. Either way, the game is on.
And remember, just like I always say: the price could do whatever it wants.
What I laid out are possible outcomes, not guaranteed ones. So trade smart, manage your risk, and don’t fall into the FOMO trap. PEPE’s not going anywhere — it’s just getting started.
