$PEPE /USDT


Current Price: $0.00000988

- Take Profit (TP1): $0.00000960
- Take Profit (TP2): $0.00000940
Stop Loss Price: $0.00001020
Reason for buying: It has fallen nearly 8% in the past 24 hours, with the trading price dropping to $0.00000976, failing to maintain above $0.000010. After facing strong rejection near $0.00001108, the price steadily slid toward the $0.00000960 area, clearly indicating that sellers are in control. Before the bulls manage to reclaim $0.000010 with volume, further downward pressure on the price is expected. Therefore, a short position is chosen in the range of $0.00000975 - $0.00000990, anticipating the price will drop to $0.00000960 and $0.00000940 for profit-taking. Once the price breaks above $0.00001020, the short logic will no longer hold, and a stop-loss will be required.
Market Outlook: Reflects the weakness of the overall Meme Coin market, with high volatility. Although there may be a rebound due to speculative demand, unless Bitcoin strongly drives the market, in the short term, the market is inclined to be seller-dominated.
This content is for reference only and should not be considered as investment advice.
PEPE-2.6%
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