《PEPE consolidates, are you willing to help him?》
PEPE is in a correction trend, the pressure level is relatively strong, and the accumulated power may not be enough to break through, so it will consolidate its power
From the 4-hour Bollinger Bands, it has already dropped below the middle track, and it is a bit unstable, which are all signals of a correction
Combined with the 4-hour line of the big cake, a long cross line and a short ten-line have emerged. The meaning of these two lines is a signal of peaking in the upward trend
This also just proves that the rise in the past few days is unhealthy, not driven by volume, perhaps it was shot up by a gun. This really needs to be praised for being shot today, sacrificing the self for the benefit of everyone.
PEPE can enter the first position when it pulls back to around 0.00835. At present, it seems that the support level of the big cake is still very strong. It is likely to be a healthy pullback, which gives you the opportunity to enter the market