Urgent Update: PEPE, BTC, ETH
🛑🛑 Urgent, Urgent, Urgent Update🛑🛑
1️⃣ PEPE Analysis:
Current Status: PEPE is still pumping.
Challenges: The area it has reached is difficult to penetrate without a strong liquidity injection.
Support Area: 0.00001420 is a strong support area.
Potential Movement: If 0.00001420 is penetrated, PEPE may rise slightly to 0.00001450 or up to 0.00001500.
Correction Expected: A correction might come in the coming hours, but it's not certain.
2️⃣ Market Condition:
Liquidity Pumping: The market is experiencing abnormal liquidity pumping due to news of the ETF ETH SPOT.
Expected Correction: A violent correction is expected today or tomorrow, which could negatively impact PEPE.
Trading Advice: Avoid trading PEPE as it may decline sharply. The current market value has likely peaked, indicating potential strong declines.
Indicators: RSI and other indicators suggest a strong movement is imminent, with current negativity indicating a possible hidden movement.
3️⃣ Short Positions:
Action: If you have any short deals, consolidate and wait.
Risk: PEPE, being a MEME currency, may fall today or tomorrow.
Advice: Avoid trading PEPE for now as a correction is likely, and it may not remain in the bullish zone.
4️⃣ Long Targets:
Future Potential: PEPE has long targets up to the 0.00001700 area.
Patience Needed: We must wait for clearer signals before acting.
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