“Before the watershed, act like a fool, the market maker plays 'clamping the frog', don’t get itchy hands if the direction isn’t broken!”
Brothers, let the picture do the talking, today PEPE is definitely in a 'narrow fluctuation range', the latest 1-hour line is stuck in the gap of the Fibonacci line: above is 23.6% (0.00001277), below is 38.2% (0.00001256). Look at that purple small box, highest 0.00001304, lowest 0.00001285, the fluctuation is only 1.46%—this level of fluctuation is hard to even cover the transaction fee! The market maker is purely controlling the board, both long and short are retracting.
Technical Analysis Bottom Picking:
‘Watershed’ pressing down: Core pressure at 0.00001311, the morning session touched high at 0.00001304 and then retreated, not daring to touch the ceiling!
Moving Average 'Weak Support': MA7 yellow line 0.00001278 is stuck at the upper edge of the range like a crutch, MA30 blue line 0.00001244 is not enough to save the near fire—effectively useless, can’t support the market!
Volume is hidden! This level of fluctuation paired with this volume is no different from 'stealing chickens in the middle of the night', purely ineffective fluctuation.
Latest Dynamic Supplement:
Giant Whale Blocking the Door: On-chain shows a huge buy wall at 0.00001260—Is it true support? Or a bait? Retail investors need to be clear!
Contract Backwardation: Perpetual funding rate turns negative, shorts begin to 'pay rent'—sentiment is bearish, be careful of a 'short squeeze' counterattack!
Tycoon’s Perspective:
Volatile Market = Meat Grinder! Playing high sell low buy in narrow fluctuations? 90% probability of being repeatedly slapped in the face! Last week, the brother didn’t believe in evil, entering and exiting three times, losing 15% of capital. Lesson: Don’t move around without a clear trend!
Pay close attention to two points for the turning point:
Upward Break: Must increase volume to break through the watershed 0.00001311, don’t believe in fake breakouts!
Downward Break: Effectively breaking through 38.2% support 0.00001256, target looks at 0.00001239 (50%).
Currently, PEPE is like a fully drawn slingshot—holding back power waiting for direction! The key to breaking the situation lies in these two numbers:
Breakthrough? 0.00001311! Smash? 0.00001256!
Brothers, do you bet on it 'soaring to the sky' or 'plummeting'? Share your views in the comments, tonight we will reveal the truth of the whale buy orders!$PEPE #山寨季何时到来？
Want to delve into the crypto world but can’t find direction? Want to quickly get started and master the information gap? Click on my profile and follow me! Real-time sharing of first-hand information and in-depth analysis, precise buy and sell point tips, grasping crypto dynamics at the first moment!