peaq / Tether
Long
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PEAQ — Fibonacci Meets Wyckoff Structure +100% Setup

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After more than 70 days of sideways action, PEAQ is finally showing signs of life — with a well-defined structure that suggests accumulation is giving way to a potential new trend.

What we’re seeing aligns closely with a classic Wyckoff Accumulation pattern. A local bottom formed around the psychological $0.10 level, followed by a clean breakout — marking a potential Sign of Strength (SOS).

Now comes the real opportunity.

Wyckoff Accumulation Structure

Following the long consolidation range:

🔹 Phase D: Breakout from range = Sign of Strength (SOS)
🔄 Current: Pullback = potential Last Point of Support (LPS)

The recent correction has now retraced into the 0.786 Fib zone of the impulse wave — a deeper but still healthy retracement for Wyckoff structure. Notably, this level also coincides with the previous highs that PEAQ broke out from, now flipping into support. A perfect test of demand.

🔍 Confluence Zone Breakdown
  • 0.786 Fibonacci retracement: ~$0.1312
  • Previous highs: ~$0.14
  • Monthly open: $0.1289 (ideal invalidation level)

These overlapping signals create a tightly packed support zone that defines the next high-probability long setup.

🟢 Long Setup — 0.786 ($0.1312)
  • Entry: $0.1312
  • Same stop-loss: $0.125 (below mOpen)
  • Targets: $0.2589 and 1.618 Trend-Based Fib Extension target at $0.2694
  • R:R: ~16:1+
  • Potential upside: +100%+

📘 Educational Insight: Wyckoff Meets Fibonacci

This setup is a combination of Wyckoff theory and Fibonacci structure:
  • SOS breakout signals strength
  • LPS pullback into 0.786 Fib = high-probability continuation zone
  • Previous highs now acting as support
  • When structure, confluence, and psychology align — you don't chase. You wait.

📌 Summary

✅ 70+ days of accumulation
✅ SOS confirmed
🔁 Now retracing to LPS around $0.131
🔒 Monthly open provides clear invalidation
🎯 Targets: $0.2589 and $0.2694
💰 Potential R:R: 16:1+

Each chart is a lesson. Read it with patience, trade it with purpose.
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Nota
PEAQ dipped below the expected 0.786 Fib, finding support at $0.125, a last shakeout move. It’s now back on track with bullish momentum. The overall target remains unchanged around $0.26, eyeing a potential +100% move:
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