$BTC $USDC $BNB This appears to be a discussion on a cryptocurrency trading platform or social media group, focusing on the PEPE token. The author, John Karter, shared a technical analysis of the PEPE chart, highlighting a rising channel pattern. The analysis suggests:
1. Wait for a breakout above the channel for a long trade entry.
2. Be cautious of low volume, as it may indicate a false breakout.
3. Risk-takers can consider long positions with low leverage.
4. Shorting at the upper trend line with a tight stop-loss is also an option.
Another user, BMX CRYPTO SQUARE, disagrees with the analysis, stating that PEPE has already surged multiple times and will continue to do so, potentially reaching 400% gains in the current bull run.
Other users are seeking advice on whether to hold or sell their PEPE positions.
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