[PEPE] Clinton Daily Analysis June 24

24-hour trend [down]

[Buy and sell points]

Buy point 1: 0.00001000 USDT (integer point support, close to the previous low)

Buy point 2: 0.00000950 USDT (further down to a stronger support area, in line with an interval of more than 1%)

Buy stop loss point: 0.00000920 USDT (30 basis points below buy point 2, reasonable risk control)

Sell point 1: 0 .00001100 USDT (integer point pressure, close to EMA7 and EMA30)

Sell point 2: 0.00001200 USDT (stronger pressure area above, in line with the interval of more than 1%)

Short stop loss point: 0.00001250 USDT (50 basis points above sell point 2, reasonable risk control)

[Price trend analysis]

K-line pattern:

The recent K-line shows a volatile downward trend. The closing price on June 24 was lower than the opening price, forming a negative line. There were continuous high-level declines from June 20 to June 23, indicating heavy selling pressure from above.

Technical indicators:

MACD: Both DIF and DEA are below the zero axis, and the MACD histogram is negative, indicating that the market is in a bearish market. RSI: RSI14 value is 39.68, close to the oversold area, but not in, and there may be a rebound demand in the short term. EMA: The current price is lower than EMA7, EMA30 and EMA120, indicating that the overall trend is bearish. EMA7 (0.00001111) and EMA30 (0.00001194) put pressure on the price.

Volume:

The volume on June 24 was 9652846672388, which was lower than the previous few days, indicating that the market was in a wait-and-see mood. The volume on June 21 and June 20 was significantly enlarged, accompanied by drastic price fluctuations, indicating that funds were frequently flowing in and out, and the market instability increased. $PEPE