【2024.5.18 PEPE intraday market analysis】
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🚨🚨🚨PEPE market analysis: opportunities and risks in the callback
📉 PEPE is currently in a clear callback market at the 1-hour level. Today, we need to pay special attention to the key position of 0.00001018.
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🔔 Multi-party opportunities
If the market can successfully stand above 0.00001018, then in the next 2-4 hours, the multi-party will dominate. At this time, the upper target prices are 0.00001022, 0.00001028, and 0.00001034 respectively.
⚠️ Risk Reminder
However, the market is always full of uncertainty. If PEPE cannot stand on the 1-hour level of long and short prices, it may fall back to the bottom. At this time, we need to pay attention to the three support positions of 0.00001014, 0.00001009, and 0.00001003. If the decline does not break these support levels, it will be a good time to get on the long order.
🔔 Important Tips
Brothers, contract trading is risky and orders should be made with caution. While pursuing profits, it is more important to keep the principal. Remember, only by keeping the old hen can you eat eggs! According to the current market trend, reasonably adjust the trading strategy and win in stability.
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