Altcoin

Sherpa

PEPE

<p>Crypto trader Altcoin Sherpa returned to his desk with a notably cautious stance, sharing fresh chart setups for PEPEand XPL while remaining flat on active positions. His commentary highlights selective interest rather than broad risk-taking, with a strong focus on structure, pullbacks, and disciplined entries.</p>
<h4>PEPE: Aggressive Entry Near Key Support Zones</h4>
<p>On PEPE, Altcoin Sherpa points to the $0.0055–$0.0056 area as the first potential entry zone, marked on the chart as the initial green support box. This zone aligns with a shallow Fibonacci retracement following PEPE’s sharp recent rally, suggesting it could act as first support if momentum cools.</p>
<p>The chart shows PEPE accelerating vertically with expanding volume, followed by consolidation above prior resistance. Sherpa notes this makes the entry aggressive, as the asset has not yet produced a deep pullback. Ideally, he would prefer price to dip closer to $0.0053, which would represent a more complete retracement into the broader green demand zone visible on the lower timeframe chart.</p>
<p><img decoding="async" class="aligncenter size-full wp-image-338770" src="https://www.ethnews.com/wp-content/uploads/2026/01/G9sSaL9XAAAM36g.jpeg" alt="" width="1200" height="722"> Rather than committing fully, his plan is to enter half a position near the first green box, then reassess if price revisits deeper support. This reflects caution after PEPE’s strong outperformance, acknowledging upside momentum while respecting the risk of chasing extended moves. Any exposure here is positioned for perpetuals, allowing flexibility rather than long-term spot holding.</p>
<h4>XPL: Strong Trend, But No Clear Entry Yet</h4>
<p>XPL presents a very different picture. The chart shows a two-week uninterrupted advance, with price grinding higher and failing to offer a meaningful pullback. Green demand zones are marked significantly lower, indicating that current levels sit well above areas Sherpa would consider high-probability entries.</p>
<p><img decoding="async" class="aligncenter size-full wp-image-338750" src="https://www.ethnews.com/wp-content/uploads/2026/01/G9sSaMHW4AAPfmm.jpeg" alt="" width="1200" height="722"></p>
<p>Because of this structure, he is not interested in chasing XPL on perps. Instead, XPL remains on his watchlist as a spot-only idea, contingent on a cleaner retracement into support. The absence of consolidation or corrective structure makes timing difficult, reinforcing his decision to stay patient rather than force a trade.</p>
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<h4>Takeaway: Patience Over FOMO</h4>
<p>Across both setups, the message is consistent. Despite clear strength in select altcoins, Altcoin Sherpa emphasizes waiting for structure, respecting support zones, and scaling in cautiously. PEPE offers a tactical opportunity with tight risk management, while XPL requires patience until price behavior improves.</p>
<p>For now, the trader remains flat overall, watching, planning, and waiting for the market to come to him rather than reacting emotionally to short-term momentum.</p>
<p>The post <a href="https://www.ethnews.com/crypto-analyst-maps-out-cautious-setups-for-pepe-and-xpl/">Crypto Analyst Maps Out Cautious Setups for PEPE and XPL</a> appeared first on <a href="https://www.ethnews.com">ETHNews</a>.</p>

Crypto Analyst Maps Out Cautious Setups for PEPE and XPL

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