PEPE · 1H · UPTREND

Target 1 from my last read hit at 0.00000559, and the high since then reached 0.00000562 before price pulled back to touch 0.00000497 — that's the invalidation level from that read, reached on touch, so the long thesis is spent. Price is now at 0.00000503, mid-range between the dense cluster at 0.00000500 below and the swing highs around 0.00000540–0.00000559 above. The daily trend is up, the prior base held above 0.00000460, and successive higher lows are visible across this chart window. The dip to 0.00000497 held without a 1H close below 0.00000500 — the cluster was swept but structure on closes held. That's constructive. I'm biased long with the daily trend, but I'm not entering at 0.00000503 with no clean trigger. I want a pullback into the 0.00000490–0.00000500 zone to form another higher low, then a reclaim close above 0.00000500. 0.00000540 is a waypoint — it's inside the minimum reward distance from the confirmation — so Target 1 is the dense cluster at 0.00000559, which clears the 1.2 minimum comfortably.