PEPE

1. PEPE has completed the bottom consolidation and secondary testing phase on the daily chart. The key support below is around 0.000080. Since breaking through, the price has repeatedly retested this key support, confirming buying pressure.

2. In the short term, although PEPE previously experienced panic selling, the natural rebound high has been effectively broken with increased volume. There is a high probability of buying interest at the key support. (Two possible scenarios are shown in the figure below)

1) Consolidating around 0.0000090, followed by another rise.

2) Retracing to around 0.0000085 for a consolidation wash before rising again.

Trading Strategy:

Long Position: Gradually buy near 0.0000086 and 0.0000080, with a stop loss at 0.0000072. The first take profit level is around 0.0000106, and the second take profit level is around 0.000012. (Conservative for spot trading, valid within this week.)