Recently, the PEPE coin has fallen so much that it makes people panic. It plummeted below the 0.000017 mark in one hour, and retail investors collectively "played dead"! Don't worry, we will analyze the key signals in 3 minutes and teach you how to deal with it👇
🔍 Trend analysis: The decline has not stopped, but is there a turning point?
1️⃣ K-line pattern: long and short positions are in a stalemate
- Oscillation range: The price is stuck at 0.00001280-0.00001310, as if it is "sealed", unable to go up or down.
- Warning for small negative and positive lines: Frequent appearance of "cross stars" on the K-line indicates that both the bulls and bears are waiting and the market may change at any time!
2️⃣ Technical indicators collectively "lye flat"
- MACD: Hourly MACD green bars (bearish strength) are about to shrink to zero, no direction in the short term; but daily MACD is still underwater, mid-term still bearish!
- RSI Mystery: Hourly RSI stuck between 40-50 (half-dead), daily RSI below 50 (slight bearish advantage), market sentiment is like 'boiling frogs in warm water.'
- EMA Password: Price is trapped between EMA7 and EMA30, but EMA120 is high above. The medium to long-term moving averages are still declining, indicating that the overall trend is bearish, and there may be a short-term struggle for a rebound!
3️⃣ Volume hides signals
- Hourly chart reduced volume: Trading volume decreases as price fluctuates, retail investors are lazy to move, large funds may be waiting for opportunities.
- Daily volume at a low: Trading volume has dropped to a recent low. Historically, after low volume, there is either a sharp rise or a sharp fall, be careful of trend changes!
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🎯 Operation strategy: Opportunity after a drop? Focus on these two points!
📌 Buy point
- First target: 0.00001270 USDT (lower edge of the oscillation range, may rebound after breaking down)
- Second strike: If it continues to drop, focus on observing! Under the current trend, bottom fishing requires extreme caution.
📌 Sell point
- First target: 0.00001310 USDT (upper edge of the oscillation range, hurry to run when you get there)
- Second target: If the upper edge breaks, 0.00001350 may be strong resistance (but the probability is very low).
🛑 Discipline stop loss
- If breaking down 0.00001250, decisively cut losses!
- Admit defeat and exit if breaking down 0.00001330!
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Long-term bullish, after all, it is still the mid-term of a bull market, accumulate on dips.
⚠️ Risk Warning
!
- Daily MACD death cross: Mid-term bears control the market, rebounds are opportunities to escape, don't fantasize about long positions!
- Trend change approaching: Trading volume has shrunk to the extreme, a large bullish or bearish candle can change the pattern, stay alert!
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🔥 Summary in one sentence: Short-term oscillation range 0.00001270-0.00001310, sell near the upper edge, lightly test long near the lower edge, strict stop loss if broken!
