PEPE has an unfilled gap that could present a buying opportunity. If price revisits the 0.00012 retracement level, it's a strong entry point, supported by both a daily gap and a weekly February gap.
0.00012
A weekly February gap (also referenced as a daily favorite gap when price reaches 0.00012).
Next up, we have pp. The only reason why this is level two is because even though we have a clear fevity gap identified here, we haven't filled it yet. And so this week the setup is super clear. This also makes this a very strong level too. Meaning you want to look for price to let's say the weekly closes here, which also means the weekly the next weekly candle is going to open here. Look for a retracement down into specifically this area here at 0.00012. And if you, if you hit this level right here, that is also a daily favorite gap. We did a weekly February gap. And so if you get that, then weekly open low, that's a buy low opportunity, so you can write it higher. And weekly open.
