#pepe
《Target Achieved———Pepe Strategy Update》
The strong rebound of Ether has led to a surge in various altcoins, driving market sentiment. Meanwhile, the recent performance of PEPE and NEIRO, which have been underwhelming, has provided a bit of comfort to those who have been hurt by them.
PEPE was added to positions around 0.0000075, and in the previous round allowed everyone to break even. The usually cautious Taco advised to reduce some positions around 0.0000095, and it has now successfully broken even.
Now, attention should be paid to the 0.0000105 area, which is particularly crucial. If it retraces, this will serve as support. Whether the bullish trend continues also depends on this level. In terms of operations, if it can stabilize above this level by next Monday, further position additions can be made. If it breaks below, it would be wise to continue reducing positions and wait for the right opportunity.
NEIRO was added to positions around 0.000208. The trend looks like it has broken through the resistance at around 0.000315, and the momentum appears strong. To maintain caution, everyone was advised to reduce some positions around 0.00027.
Currently, the hourly chart shows signs of a pullback, and it is not expected to break upwards in the short term. A correction and consolidation of strength are needed. In terms of operations, pay attention to the 0.0003 level. If it breaks below, further position reductions will be necessary, with the first add position set around 0.00025.