Keep following my good brother. I believe that everyone is already very familiar with the rising trend line of PEPE. After many retracements to this trend line, it is still a bullish trend. In the small-level one-hour, it can be seen that the position of 0.00001071 is repeatedly tested. If it breaks through and stabilizes, it will continue to attack the previous high of 0.00001197. The small level is still in a state of consolidation.

A brother asked me whether PEPE will go to 0.00000888. Looking at the daily level drawing, a short-term support level of 0.000000952 is given, which is a chip-intensive range. Then there is the position of 0.00000917, which is a 50% increase in this wave. This is a strong support. If it falls below, there may be a conversion from long to short or a new sideways shock. It is possible to see such a position. If you want to hang 0.00000888, the stop loss is set at 0.00000836.

The above is an analysis of the PEPE market and an answer to the brothers' questions. The premise for seeing such a position is that it must fall below the trend line and below 50%. At present, this upward trend is an opportunity to go long when it falls near the trend line. Place an order at the pressure level of 0.00001067, and take profit at the highest point of 0.00001197 to make a profit from the upward attack. Remember to set a stop loss.

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