$PEPE

$PEPE

PEPE's short-term rebound can be considered a gamble, now let's talk about the trend.

PEPE's trend is still oscillating within a triangular pattern, already at the bottom position of the triangle. From the daily level, it has formed a triangular pattern and a descending wedge, indicating a rebound trend. Currently, around 0.8 is a good point to buy some spot.

The 4-hour pattern is basically consistent with the daily line, but the overall trend is influenced by BTC. As long as BTC does not drop below 675, it is generally not recommended to operate. The overall trend belongs to the bearish trend, and the cost-performance ratio of spot is higher.

The 1-hour chart has formed a bearish flag and double top structure, and has broken below the bottom of the triangle. In the short term, the probability of decline is greater, but the decline space is not too large according to its price trend. Further declines can be used to catch some rebounds, and PEPE is recommended to focus on spot.