$PEPE /USDT: Long-Term Investment with Important Support Zones

Overview Analysis:

1. Previous Trend: PEPE has undergone a strong increase, peaking at 0.00002597 and is currently in a correction phase.

2. Support and Resistance:

• Strong Support: 0.00000887 (the lowest price level before the price increase).

• Resistance: 0.00002597 (the nearest peak), needs to be monitored to assess the recovery potential.

3. Trading Volume: The volume shows signs of gradually decreasing after peaking, indicating that market sentiment is awaiting a clearer trend.

Long-Term Trading Strategy:

1. Identify Buy Zone (Accumulation Zone):

• If the price continues to correct towards the support area around 0.00000887, this is a potential zone for accumulation.

• Distribute capital for multiple buy-ins (DCA - Dollar Cost Averaging) to minimize risk if the price continues to decline.

2. Identify Sell Zone (Take Profit Zone):

• The long-term target is the resistance area of 0.00002597. If this zone is broken, it may be possible to expect a further target at 0.00003500.

• Use the EMA indicator to confirm the trend (EMA 20 and EMA 50). If EMA 20 crosses EMA 50 from below, this is a bullish signal.

3. Risk Management:

• Set a stop loss below the support zone of 0.00000887, about 10-15% to protect capital.

• Do not use all capital on one trade, ensuring the risk/reward ratio is at least 1:3.

4. Monitor Market Trends:

• Combine with news (if the PEPE project has new developments) to confirm long-term growth potential.

• Update signals on indicators such as MACD, RSI to identify buying/selling force #PEPE✈