PEPE has fallen continuously, is a rebound worth expecting?

Market Analysis:

PEPE has shown weak performance recently, declining for several consecutive days, and market confidence has been somewhat impacted. However, it is currently hovering in the oversold area, and there may be signs of a rebound in the short term, offering bulls an opportunity to tentatively exert strength.

Support and Resistance Levels:

• Support Levels: $0.00001850, $0.00001790, $0.00001750

• Resistance Levels: $0.00001950, $0.00002000, $0.00002050

Short-Term Trading Strategy:

Long Strategy:

• Entry Point: $0.00001920

• Additional Position Point: $0.00001860

• Stop Loss Point: $0.00001740

• Take Profit Targets: $0.00001950, $0.00002000, $0.00002050

Short Strategy:

• Entry Point: $0.00001950

• Additional Position Point: $0.00002000

• Stop Loss Point: $0.00002070

• Take Profit Targets: $0.00001920, $0.00001860, $0.00001790

$PEPE

My Prediction:

Bullish. Although market sentiment is weak, PEPE is already in a technically oversold area, and there may be a certain rebound in the short term, providing opportunities for long positions.

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