PEPE Selling Climax Signals Shift to Accumulation: Key POI Levels
After PEPE’s historic October 10 crash, the meme coin stayed under bearish pressure with limited recoveries. A TradingView-focused crypto analyst (MyCryptoParadise) argues PEPE now shows a Selling Climax (SC), where buy-side demand overwhelmed selling and absorbed the dump—often marking the end of the bearish phase and the start of accumulation.
The article also points to a Change of Character: PEPE’s market structure shifts from bearish to bullish, with momentum favoring buyers. Additional chart signals include an Automatic Rally concept (bulls not needing to strengthen after resistance) and a “Last Point of Support,” implying buyers are back in control.
For traders, the key Point of Interest (POI) zones cited are $0.00000326 (bullish bounce target) and $0.0000062 (bearish POI tied to a draw on liquidity, potentially acting as the sell zone). If the top forms near $0.0000062, the piece suggests a potential move of 60%+.
Overall, the news frames PEPE as transitioning from distribution to accumulation, with clearly mapped levels traders can monitor on PEPE price action.
Bullish
The article’s thesis is that PEPE has completed a Selling Climax and is transitioning into accumulation. This is typically bullish because capitulation-style selloffs can exhaust sellers and allow buyers to rebuild demand. The Change of Character and “last point of support” language further suggests a structural shift toward higher buyer control.
From a trading standpoint, the provided POI levels ($0.00000326 bullish bounce, $0.0000062 bearish sell zone) offer a clear scenario map: traders may look for reaction at the lower POI and manage risk into the upper POI. If PEPE respects these zones, the setup can drive both short-term momentum and longer-term trend recovery.
Historically, similar capitulation/SC signals in high-beta assets (especially meme coins) often precede sharp mean-reversion rallies. However, because the article also marks a bearish POI at $0.0000062, the upside is not unconditional—failures to hold the bullish POI or rejection near the bearish POI would quickly invalidate the bullish expectation. Net effect: mildly to moderately bullish bias, contingent on level confirmation.