Compression, rejection, and the trap below

PEPE isn’t random here — it’s in a calculated drawdown. Not a dump — a design. What looks like weakness is really compression into a reactive pocket.

The logic:
Price is descending inside a compression channel. But the real interest lies lower — specifically around the FVG and the untouched demand range down to 0.0000089. That’s the key.

The 0.0000103 zone is a surface-level fib level (0.382), but the deeper intention is beneath it — where Smart Money will want to accumulate before running it back into inefficiency.

Above us? There’s a massive void sitting between 0.0000115 and 0.0000126. That’s the draw — but not before a deeper sweep to fuel it.

Two key paths:
Ideal: Full sweep of 0.0000089 demand → strong reversal → drive back into the .5/.618 fib cluster near 0.0000115–0.0000126

If front-run: Hold near current level (0.0000103) and deliver into the FVG gap above

Anything below 0.0000083? That’s your invalidation. Until then, compression is the setup.

Final thought:
“Smart Money doesn’t chase the wick. It sets the trap — then steps in with size.”