🛑🛑 Urgent, Urgent, Urgent Update🛑🛑
1️⃣ PEPE Analysis:
Current Situation: PEPE continues to boom.
Challenges: The area reached is difficult to penetrate without a strong injection of liquidity.
Support area: 0.00001420 is a strong support area.
Potential Movement: If 0.00001420 is penetrated, PEPE could rise slightly to 0.00001450 or even 0.00001500.
Expected correction: A correction could occur in the next few hours, but it is not certain.
2️⃣ Market condition:
Liquidity pumping: The market is experiencing an abnormal liquidity pumping due to the ETH SPOT ETF news.
Expected Correction: A violent correction is expected today or tomorrow, which could negatively impact PEPE.
Trading Advice: Avoid trading PEPE as it may fall sharply. The current market value has likely peaked, indicating potential strong declines.
Indicators: The RSI and other indicators suggest that a strong move is imminent, with the current negativity indicating a possible hidden move.
3️⃣ Short Positions:
Action: If you have any short trades, consolidate and wait.
Risk: PEPE, being a MEME coin, could fall today or tomorrow.
Advice: Avoid trading PEPE for now as a correction is likely and may not remain in the bullish zone.
4️⃣ Long Goals:
Future Potential: PEPE has long-term targets up to the 0.00001700 area.
Patience required: We must wait for clearer signs before acting.
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