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$PEPE is at $0.00000398 on the 4H and something just shifted. After weeks of bleeding from $0.00000450 down to the lows around $0.00000320, price has suddenly reclaimed the grey demand zone at $0.00000370–$0.00000380 with a strong vertical move. That grey zone was the accumulation area marked with "XX" — where patient buyers were building positions through the slow grind — and the breakout from it just happened fast.
The move from $0.00000335 to $0.00000414 in just a few candles is significant. Price is now sitting just above the grey zone at $0.00000398 and the dotted curve projects a brief pullback into it — a retest of the breakout level — before the continuation toward the target at $0.00000444. That target is the horizontal resistance from late February that capped price before the big drop and reclaiming it would complete the recovery.
The grey zone at $0.00000370–$0.00000378 is now the support that matters. As long as any pullback holds above it on the 4H, the setup toward $0.00000444 stays intact. A clean retest and bounce from that zone would be the ideal entry for the next leg.
What to Watch
Key support: $0.00000370–$0.00000378 grey zone
Key resistance: $0.00000444 target
Liquidity zone: $0.00000398 current price — breakout retest area
Confirmation: Hold above $0.00000370 on any pullback, 4H close above $0.00000414 targets $0.00000444 directly
Quick Insight
#PEPE broke out of the accumulation zone and the target is clearly marked at $0.00000444. The retest of the grey zone is the setup to watch — if it holds, this move has more to give.