PEPE Price Analysis : Bullish Outlook Using Elliott Wave and Fibonacci Patterns

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In today’s analysis of PEPE, Mr. Fibonelli has provided a comprehensive outlook combining Elliott Wave, Fibonacci, and ICT principles.

The PEPE chart shows the coin is currently in **wave 3** of the Elliott Wave cycle, with a potential pullback happening in **mini wave 2** inside the larger wave 3. This pullback is forming a **Bullish Pennant pattern**, which could signal an upcoming breakout.

The 1D **Order Block** aligns with a 4H **Fair Value Gap** in the **Golden Zone** of the Fibonacci retracement, indicating a high-probability trade.

The suggested entry level is at **0.0000099041**, with a stop-loss at **0.0000093450** to minimize risk, and a target price of **0.0000160000**.

Conclusion :

PEPE’s current technical setup presents a promising opportunity for bullish traders. The alignment of Elliott Wave, Fibonacci Golden Zone, and Bullish Pennant points to a potential surge. However, always be cautious, as the market could behave unpredictably.

Advice :

While this trade setup looks strong, risk management is crucial. As advised, limit your risk exposure to **1-10%** of your capital and always set stop-loss levels to protect against unexpected downturns.