$PEPE

The large scale has fallen back to the starting point following the market again. The hourly level has shown signs of stopping the decline and is following the market's low-level fluctuations. The upper and lower boundaries of the narrow range are relatively clear. The short-term performance is relatively weak, but the support around 1050 is obvious. Backing this line for a low long position has a decent risk-reward ratio. After two days of consolidation with obvious reduced volume, the right-side position can wait for a pullback after 1130 to stabilize before entering.

Several positions to pay attention to

Support Position

First Position 1080

Second Position 1050-1060

Third Position 980-1000

Pressure Position

First Position 1168

Second Position 1205

Third Position 1240-1250

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#PEPE‏