🐸Movements to Gain Profit with PEPE🐸
1. Basic Technical Analysis:
• Observe key support and resistance levels.
• Identify chart patterns (triangles, flags, double bottoms, etc.).
• Use indicators like RSI, MACD, and moving averages to confirm signals.
2. Buy on dips:
• Wait for significant drops to buy at lower prices.
• Do not buy at peaks or when the price is very high.
3. Partial sale at peaks:
• When the price rises by 20-30% or reaches strong resistance, sell a portion to secure profits.
• Hold some to take advantage of greater rises.
4. Stop loss:
• Place stop loss orders to limit losses if the price drops significantly.
• This protects you from sharp declines.
5. Short-term trading (day trading):
• Watch 15-minute or 1-hour charts for quick movements.
• Take advantage of small fluctuations to buy low and sell high within minutes or hours.
6. Stay informed:
• Follow news, social media, and forums where PEPE is discussed. Sometimes rises and falls are related to announcements or community movements.