PEPE rebounds and breaks through, short-term trading strategy analysis

Market analysis

The current price of PEPE/USDT is $0.00001867, up 5.72% on the day, and the volume has increased slightly. From the moving average system, the price stands firm at MA7 ($0.00001815), and there is a rebound demand in the short term, but MA25 ($0.00002078) is under great pressure, and the overall situation is still in shock repair.

Key points

• Support level: $0.00001745, $0.00001600

• Pressure level: $0.00002078, $0.00002253

Trading strategy

1. Long order strategy:

If the price can be maintained above $0.00001815, a light position can be arranged for long orders, with the target looking at $0.00002078, and the stop loss set at $0.00001750.

After breaking through $0.00002078, you can add positions, with the target at $0.00002253 and the stop loss adjusted to $0.00001950.

2. Short order strategy:

If the price falls below $0.00001815, you can consider short-term short orders, with the target at $0.00001745 and the stop loss at $0.00001850.

If it rebounds to $0.00002078 and encounters resistance, you can try short orders with a light position, with the target at $0.00001815 and the stop loss at $0.00002100.

Outlook for the future

PEPE is currently in a low-level rebound stage, and the short-term trend may continue to fluctuate and tend to be bullish. If it can effectively break through the pressure level, the rebound space is expected to open up further. Be wary of the risk of high-rise decline caused by shrinking volume.

Welcome to follow us and don't get lost. The trends and positions of mainstream currencies and popular altcoins will be analyzed every day. I wish you all good fortune and a prosperous new year!