$PEPE Token Market Status and Future 24-Hour Prediction: Good News vs Bad News
$PEPE Market Analysis (December 1)
How did it perform yesterday? (From the evening of November 30 to the evening of December 1)
1- Price Trend: $PEPE increased by 9.86%, showing strong momentum.
2- Highest and Lowest
Highest: 0.00002333 Lowest: 0.00002006
3- Trading Volume: 40.37 trillion $PEPE changed hands, equivalent to $877.4 million in USDT.
Key Points to Consider:
1- Rising Strongly:
The price is going up, and the trading volume is large, indicating many buyers. A 9.86% increase shows high buying interest.
2- Where is the Resistance?
It's approaching $0.000025, and it needs to break through to keep rising. If there is significant pressure at this price level, a pullback may occur.
3- Is the Support Stable?
Around $0.000020, keep an eye on this point to see if it will drop back.
4- What does the Order Book Say?
There are many buyers, indicating strong demand. Selling pressure is between 0.00002255 and 0.00002258.
What about tomorrow? (From December 2 to 3)
1- Rising:
If the trading volume remains, breaking through $0.000025 could lead to new highs. If the momentum is strong, it could rise by 10%-20%.
2- Falling Back:
If trading volume decreases, or the market adjusts, it might return to $0.000020 or even lower.
Be cautious near resistance levels, as increased selling could lead to a drop.
How does news sentiment affect the market?
1- Good News:
Many people are trading, and the market is hot. Technical indicators are also positive, indicating potential for growth.
2- Bad News:
High volatility, after a significant rise, there could be a sudden pullback. If overbought, and everyone starts selling, the price will have to drop.
Tips:
Hold for the short term: If it keeps rising and exceeds 0.000023, hold onto it. Keep an eye on it: Set a stop loss around 0.000020 for safety.
For the upcoming strategy, I will guide everyone to target lucrative opportunities in altcoins, especially those with great potential. A projected growth of over 10 times is not a problem. If you want to make big money in a bull market, like and comment, and I will help you strategize for the entire bull market!
