$PEPE Coin: Navigating the Short-Term Landscape.
As we continue to ride the wave of PEPE coin's remarkable journey, it's essential to adapt and refine our strategy to accommodate the ever-changing market landscape. The short-term plan for PEPE, acknowledging the potential hurdles and opportunities that lie ahead.
1. Limited History: PEPE's relatively short existence makes chart analysis a challenging task.
2. BTC's Influence: Bitcoin's movements significantly impact PEPE's price, adding an extra layer of complexity.
3. Correction Ahead: After a substantial pump, a correction is likely, and we must be prepared.
4. Resistance Zone: The area between 1075 and 1175 poses a solid resistance, and we may face rejection.
5. Stochastic RSI Crossover: A potential bearish crossover on the daily chart warrants attention.
Positives to Leverage
1. MACD Momentum: The open and growing MACD on weekly and daily charts indicates upward momentum.
2. Coinbase Spot Listing: A potential listing could be a significant catalyst for a price surge.
3. Widespread Attention: PEPE is gaining traction, with active fans and a growing community.
4. High Trading Volume: Attracting whale traders, PEPE's trading volume is higher than Ethereum's.
