PEPE is once again at a critical moment. Will it explode or pull back in the short term?

The current price of PEPE is $0.00001973, with today's highest price being $0.00002033 and the lowest price being $0.00001927. In the short term, the price of PEPE has fluctuated within a certain range, and the market sentiment is relatively cautious, but it is still full of potential. The current price is in the range consolidation stage, and the recent trend determines whether it can usher in an explosive rise in the short term, or may face a wave of pullbacks.

Technical analysis:

Support and resistance:

Support level: $0.00001927. The current price is close to this support level. If there is a pullback, breaking this support level may further drop to around $0.00001900. Resistance level: $0.00002033. The current price is close to this resistance level. If it breaks through this resistance, it may quickly move towards $0.00002080.

Bollinger Band Analysis:

The Bollinger Band has gradually narrowed, indicating that the market is accumulating energy and prices may fluctuate greatly in the short term. If the price breaks through the upper Bollinger Band of $0.00002033, it may trigger a wave of rise; if it falls below the lower Bollinger Band of $0.00001927, it may enter a short-term adjustment period.

RSI indicator:

The current RSI is around 55, and the market is still in a neutral area, with no signals of excessive buying or selling. If the RSI breaks through 70, it may indicate that the market is overheated and prices may fall in the short term; if the RSI falls below 30, it may enter an oversold state, and the probability of a rebound in the future market increases.

Short-term contract T+0 strategy:

Long strategy:

Entry position: If PEPE breaks through $0.00002033 and stabilizes at this price, you can consider going long. Take profit position: The target is $0.00002080 to $0.00002100. If the price breaks through $0.00002100, you can continue to hold. Stop loss position: If the price falls below $0.00001927 and continues to fall, you can consider stop loss.

Short strategy:

Entry position: If PEPE fails to break through $0.00002033 and starts to fall, you can consider shorting. Take profit position: The target is $0.00001927 to $0.00001900. If the price falls further, you can look to $0.00001850. Stop loss position: If PEPE breaks through $0.00002033 and continues to rise, stop loss and exit. $PEPE