There is heavy pressure from above, so be wary of the risk of a pullback. Only by breaking through ATH can we expect more.
All the long orders we entered based on the head and shoulders structure have been taken out at profit.
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LIVEWolf_king88
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📊#PEPE most noteworthy buying area🔥
🧠Structurally, we broke through the neckline, so the space above was opened, so it is reasonable to maintain a bullish view on the trend.📈
➡️From the perspective of wave theory, we have completed the main rising wave 3 and started a callback. Wave 4 may stop in the buy zone marked on the chart because this is a multiple support zone.
⚠️If the most extreme scenario occurs, a strong rebound may occur after sweeping the bulls' defensive points.
Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
#Wolf_king88
🧠Structurally, we broke through the neckline, so the space above was opened, so it is reasonable to maintain a bullish view on the trend.📈
➡️From the perspective of wave theory, we have completed the main rising wave 3 and started a callback. Wave 4 may stop in the buy zone marked on the chart because this is a multiple support zone.
⚠️If the most extreme scenario occurs, a strong rebound may occur after sweeping the bulls' defensive points.
Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
#Wolf_king88
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