[PEPE] Clinton Daily Analysis July 2 $PEPE
24-hour trend [Sideways]
[Buy and sell points]
Buy point 1: 0.00001100 USDT (close to the previous low, integer support level)
Buy point 2: 0.00001050 USDT (further down to a stronger integer support level)
Buy stop loss point: 0.00001020 USDT (30 basis points below buy point 2 to prevent false breakthroughs)
Sell point 1: 0. 00001200 USDT (close to the recent high, integer pressure level)
Sell point 2: 0.00001250 USDT (further explore to a stronger integer pressure level)
Short stop loss point: 0.00001280 USDT (30 basis points above sell point 2 to prevent false breakthroughs)
[Price trend analysis]
K-line pattern:
The recent price fluctuates in the range of 0.00001100 to 0.00001250, forming a pattern of shock consolidation. A long positive line appeared on June 25, 2024, and the price fell back in the following days, but did not fall below the previous low.
Technical indicators:
MACD: Both DIF and DEA are negative, and the MACD histogram is close to the zero axis, indicating that the market is in a weak shock state. RSI: The RSI14 value fluctuates between 40-55, and is currently 44.32, showing that the market is not obviously overbought or oversold. EMA: EMA7 (0.00001158) < EMA30 (0.00001193), but higher than the current price, EMA120 (0.00000951) is much lower than the current price, the short-term trend is bearish, and there is still support in the medium and long term.
Trading volume:
On June 25, 2024, the trading volume increased significantly, reaching 40507406017830, and then gradually decreased, showing that the bulls' strength weakened. The trading volume has been relatively stable in recent days, with no obvious signs of volume expansion or contraction.
