PEPE's daily chart is marked with purple dots today, a signal that the market may continue its downward relay trend.
Looking further at the 4-hour chart, the purple dots clearly appeared at 4 a.m. today, which is considered a clear short buy signal.
If the market rebounds later but fails to break through PEPE's resistance level of 0.00001220, traders are advised to remain calm and wait for the next purple dot signal to be clear and stable.
Our target price range is set between 0.00001174 and 0.00001132 per PEPE.
At the same time, in order to ensure the safety of the transaction, it is recommended to set a stop loss at the previous high of 0.00001312.
