PEPE continued to fluctuate and adjust last week. After rising, it fell back to the support area of 1000-1150, indicating that there are still differences between long and short positions, which is in line with expectations. As the saying goes, send off old friends and welcome new friends, and the area needs to exchange chips again. It is currently closed above the support area. As the leader of the Meme sector, I am still optimistic that it is still in the rising channel. I continue to increase my spot position in this area. Technically, in the short term, it is expected to rebound, and the upper pressure range is 1350-1410. Keep the view unchanged, short-term shock rebound, medium and long-term bullish, and continue to set new highs!
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