PEPE Surge to Overbought! Urgent Warning: A Correction Storm is Coming, Quickly Seize Shorting Opportunities!

Currently, 1000 PEPE is in a strong upward cycle, with a 24-hour increase of 4.26% and a trading volume increase of 28.95%, but the RSI is at 70 (overbought) and there is a net outflow of short-term funds, indicating a risk of correction. It is recommended to short at highs in the short term, with an entry at 0.01010, a stop-loss at 0.01030, and a target at 0.01029. Risk-reward ratio of 1.6. Risk: If resistance is broken or there are macro positive news, it may continue to rise; position ≤ 2%, avoid low liquidity periods.

Technical Analysis:

• Current price is 0.0100991, Bollinger Band position at 75.48% (near upper band 0.010293), MA200 deviation +3.31% (current price > MA200 0.009775), holding cost deviation +3.25% (current price > cost 0.009781), all indicating overbought pressure. Trading volume ratio is 1.29 showing market activity, but there is a net outflow of -520.48m in 1 hour (price drop -1.60%), combined with a long-short ratio dropping to 2.3156, indicating profit-taking by the main force. Support level at 0.00978 (MA200/cost area), resistance level at 0.01029 (upper Bollinger Band). Liquidity gap at 0.0119-0.0140 (accounting for 14.22%), may attract price; buying pressure ratio slightly better than short, with high value of near-area sell orders. No significant news impact, market sentiment has been digested.

Market Cycle Analysis:

In mid-bull market, but RSI overbought and fund outflow indicates a short-term transitional correction, sustainability of the trend to be observed.

Trading Strategy:

• Entry: 0.01010 (aggressive at current price, conservative wait for rebound to 0.01015).

• Stop-loss: 0.01030 (above upper Bollinger Band).

• Target: 0.00978 (support level).

• Risk-reward ratio: 1.6 (short formula: (0.01010 - 0.00978) / (0.01030 - 0.01010)).

Risk Warning: RSI is overbought but volume supports, if price breaks 0.01030 or sudden positive news occurs, strategy will be invalid; strict stop-loss.

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$1000PEPE