$PEPE | 4H Market Structure Update
$PEPE is currently trading near 0.00001043, showing early signs of a reaction around the 4H Fair Value Gap (FVG) zone.
🔹 Key Observations:
Overbought Condition: Stoch RSI indicates the market is in an overbought state, hinting at a potential short-term reaction.
Liquidity Below: There’s a notable liquidity pool near 0.00001000, suggesting a possible liquidity sweep before any significant bullish move.
FVG Re-test Scenario: Price may retest the FVG zone before pulling back to grab liquidity and potentially launching toward higher levels around 0.00001250.
🔹 Outlook:
Short-term volatility is expected as the market reacts to the overbought signal. A healthy pullback into the liquidity zone could offer a more sustainable base for the next bullish leg.