Many friends who bought PEPE are asking me,
Is it appropriate to continue holding it now?
Which low point will this adjustment of PEPE reach?
When is the right time to add positions?
Let me answer for you!
Not only for holders, but also for investors who have not yet entered the market,
please read the following carefully to make a wise layout.
Recently, we have seen many investors share the rich returns brought by PEPE on the platform. However, the market is always full of variables. Today's adjustment is not unexpected, because the rise of any asset will be accompanied by a correction. The pull-up is for profit, and the subsequent adjustment is the natural reaction of the market.
No asset will rise forever without a correction, because the correction is the accumulation stage of a new round of rise. Smart investors know that selling when the market is enthusiastic and buying when the market is cold can make steady profits in the long run.
So, I have some personal insights on the depth of PEPE's correction this time. By applying the Fibonacci reference, I predict that the 50% position of this correction is around 1305. If the price falls below 1084, the entire upward trend may be severely affected, and holders may need to consider adjusting their strategies at this time.
Based on the consideration of the profit and loss ratio, I suggest investors look for opportunities to increase their positions near 1200. However, if the price falls below 1084, it may be a signal to leave.
Remember that there will be a pullback after the hype of any asset. The dealer will not act blindly, and they will also adjust their strategies according to the market reaction. Therefore, it is crucial for investors to have a clear trading plan and strategy.
Trading is not always exciting and exciting. If you don’t have a clear strategy and plan, your trading results may not be satisfactory. Therefore, please be cautious and do sufficient research and analysis before making any decision.
Observe wif, bome, floki, ena, not, ctk......
Again, if you come to me, I will take you ashore, you just lie down,
Look carefully at my personal top and take you in⭕!
I will not let my fans miss out in this bull market! This is the truth👈
