PEPE/USDT: The "Brave" Bottom Catch?PEPEUSDT SPOTBYBIT:PEPEUSDTNorseCryptoVikingWe are currently hovering around a major trendline that has held since August '24. In theory, this should be the floor. However, in crypto, "the floor" often has a basement. 🔍 The Thesis: The Final Shakeout While the current structure looks like an accumulation base, we have to account for a "Black Swan" or a BTC-led flush. If Bitcoin decides to test lower levels (similar to the 2022 capitulation style), we could see a massive downside wick on PEPE that ignores the trendline briefly. 🎯 The "Gold Trade" Levels: If we lose the current trendline, I’m looking at the horizontal support from Dec '23: Ultimate Support: ~$0.0000016 (or 0.0016 on 1000PEPE charts). The "Sniper" Limit Zone: Between 0.0018 – 0.0022. 💡 Strategy: Setting limit orders in this "wick zone" is for the brave. It’s designed to catch the liquidations of everyone currently longing the trendline. Is this the macro bottom, or are we headed for one last wick to the abyss? > Disclaimer: Not financial advice. Meme coins have high volatility—trade with a plan!