Analyzing PEPE from the current technological perspective, the overall market is showing a continuous downward trend. From a larger market trend perspective, there is a high probability of forming a head and shoulders pattern in the future.

In this scenario, if the price breaks through the triangular area and then quickly rebounds, investors must be extremely cautious and should not impulsively chase after the rise.

On the contrary, one should wait for the right moment and decisively close positions to escape the passive situation of being trapped as early as possible.

In addition, if the price remains in a long-term sideways state, once it opens an upward channel, it will undoubtedly be a positive signal for the market.

When it comes to trading strategies, it is recommended to set the stop-loss line at 0.16. It is important to remind that altcoins tend to have volatile price fluctuations, and when investors are in a floating loss situation, they should never blindly increase their positions.

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