The trend of #PEPE in the 1-hour and 4-hour time frames emphasizes its characteristics of sideways trading at high levels and repeated breaking and pulling back above the 4-hour EMA12. This trend pattern is very torturous for short investors (air forces) because the price fluctuates repeatedly and it is difficult to grasp the timing of selling. At the same time, with the good news in the market, short investors may be more likely to feel pressure and uncertainty.

As one of the mentality of short investors, there is a greedy heart but no greedy courage. The author believes that in such a market, it is very difficult to make money from the banker, and it is almost an unrealistic fantasy.

The bottom shape of the curve before the last wave of decline, and the bullish trend formed by the price pulling back above EMA144/169. This manipulation technique is considered to be very powerful, showing the market's strong support for $PEPE.

That is, different targets have different strong support moving averages. For #PEPE , the current strong support moving average is 8-hour EMA12. The author suggests that if the price can stand above this moving average stably in the later period, it may be safer to consider long operations.

The analysis of $PEPE's trend and the discussion of investors' mentality convey information about market strategies and risk management, that is, to be cautious about market fluctuations, analyze trends rationally, and formulate investment strategies based on specific circumstances #PEPE走势分析