#PEPE
《New Journey — Pepe Price Update》
Pepe has seen some rebound under the rise of Ethereum, which seems minor but actually elevates the trend to a new level. Support has moved to around 0.000012, which is also our cost price for this replenishment. With the overall direction being upward, PEPE will also bring us profits, so just continue to hold.
NEIRO has been quite controversial and has garnered a lot of attention. This round allowed everyone to replenish positions around 0.00046, and the rebound started before it even touched the support around 0.00041. Now we also have gains on Weibo, with the first reduction position set around 0.000516, reducing to half position.
Friends who have opened positions need to pay attention to the ADP employment data tonight at 8:30 PM. The previous value was 62,000, and the market expectation is 110,000. If it meets expectations, it could be a significant bearish signal. If the data deviates too much from market expectations, the market may experience sharp fluctuations, so please avoid this time point.
This Friday there will also be the Non-Farm Payroll and unemployment rate, which are key data that can directly influence whether the Federal Reserve will cut interest rates in June. It is also possible that a bearish signal could change the current trend. The key supports I mentioned need to be given special attention, and if it breaks, we need to reduce positions in advance to avoid risks.
