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Dont skip 3 trading ideas for $HOT $PEPE and #SUPRA Pepe HOT #HOT #PEPE
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If you had to choose just one, which #memecoin would you pick from these two? $PNUT or $PENGU ?
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$HOT 12-Hour Chart Analysis Key Observations: Market Structure: The price is trading within a defined range, showing consolidation with minor deviations. Recent Movements: A local high was formed, followed by a retracement to the midline of the range. Potential for further deviations around key support or resistance zones. Indicators: My Trade On indicator suggests caution, as signals have aligned with resistance levels. No clear confirmation of a significant inflow or outflow of capital on the Money Power indicator yet. Awaiting a test of the Buy Line on my Take Profit indicator for potential confirmation of an upward move. Expectations: Awaiting a test of the range's lower boundary for potential accumulation. Watching closely for bullish signals to indicate the next upward move.
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$PEPE : Local Targets Analysis Sooner or later, PEPE will conclude its uptrend and transition into a bearish trend. However, it’s too early to discuss that scenario now. I anticipate another upward impulse in the spring of 2025. Current Situation 12-Hour Chart: The market is trading within a sideways range. A top and deviation above the range have already formed; it would be ideal to see a deviation below this range as well. I’ve outlined a potential direction for the price movement. I’m awaiting a test of the Buy Line from my Take Profit indicator. Additionally, there was a buy signal generated on December 20th. I expect to see a money outflow in the near future.
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Grayscale is the largest institutional holder of $ETH The company holds $6.62 billion worth of ETH.
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