1. Set an investment budget
• Invest only what you are willing to lose: PEPE is an extremely volatile memecoin, so it should not occupy a significant percentage of your portfolio.
• Example: If you allocate 5-10% of your funds to high-risk assets, you can assign part of this to PEPE.
2. Analyze price and market sentiment
• Supports and resistances: Currently, the price of PEPE is ~$0.00002123 USD. Observe key levels like $0.000020 and $0.000024, which act as support and resistance respectively【9】【10】.
• Market sentiment: PEPE has gained momentum after being listed on major exchanges (Coinbase, Upbit), which could attract more interest in the short term【11】. Use tools like Google Trends or social platforms to gauge popularity.
3. Choose a time horizon
• Short-term strategy: PEPE often responds quickly to news or events (like listings on exchanges). Buy on dips after large increases and sell near resistance levels.
• Long-term strategy: Less recommended for memecoins due to the lack of solid fundamentals. However, if you decide to hold, do so only if you believe in its community growth.
4. Diversify and manage risks
• Diversification: Do not concentrate everything in PEPE; combine it with more established cryptos like Bitcoin or Ethereum to balance risk.
• Risk management: Set stop-loss orders to limit losses. For example:
• Entry: $0.000021.
• Stop-loss: $0.000018 (13% loss).
• Take-profit: $0.000024 (14% profit).
5. Monitor key metrics
• Trading volume: Ensure that PEPE maintains a high daily volume, as sharp drops in liquidity often precede price crashes.
• Open interest and funding rates: High demand in futures may indicate bullish expectations【11】.
6. Consider future events
• Additional listings or important announcements: If PEPE is included in more exchanges or launches new features, this could boost the price.
• Market cycles: If the crypto market in general enters a bear cycle, PEPE could suffer drastic falls.
Summary
The key to investing in PEPE is to adopt a clear strategy based on technical analysis and risk management. Due to its speculative nature, an investment in PEPE should be considered high risk and handled with caution. Stay informed about related news and adjust your plan as market conditions change.
