I’m watching $PEPE closely right now. 🐸

This isn’t the kind of move I want to chase after seeing a few huge green candles. PEPE has pushed its market cap from roughly $1.60B to $2.13B, and the volume spike shows that serious activity came in with the breakout.

What interests me now is the reaction around $2.00B–$2.10B.

If buyers can keep this area protected, I’m watching for another attempt at the recent high and potentially a continuation higher. But if $2B breaks cleanly, I’d rather step aside than convince myself every dip is a buying opportunity.

PEPE Setup 🐸

Entry: $2.05B – $2.13B

TP1: $2.20B

TP2: $2.30B

TP3: $2.45B

STOP LOSS: $1.98B

The interesting part is that PEPE already pushed above $2.20B and immediately showed rejection. That makes the next few candles important. I want to see whether that rejection becomes a normal pullback or the beginning of a deeper retracement.

For me, $2.00B is the line I’m watching most closely. Hold it, and the structure remains interesting. Lose it with strong selling, and I’m not interested in forcing a long.

This is exactly where FOMO can make a trader enter late. I’d rather wait for the chart to show me what it wants to do.

DISCLAIMER: This is a personal chart-based setup, not financial advice. PEPE is highly volatile and can move sharply in either direction. Always manage your risk and do your own research before entering any trade.

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