This PEPE frog is bungee jumping at the life-and-death line of 0.041—either skyrocketing or crashing spectacularly!
Market Overview
The latest 1-hour candlestick shows:
Current price: 0.0410397 USDT
Bollinger Bands: The middle band at 0.0408 acts as support, and the upper band at 0.0423 constitutes resistance
MACD: A golden cross is initially appearing below the zero axis, but the red energy bars are still expanding
Key level markings:
Bullish defense line: 0.0400 (psychological barrier + Fibonacci 38.2%!)(MISSING)
Bearish stronghold: 0.0425 (previous high resistance + Bollinger Bands upper band)
Reversal signal: Trading volume suddenly decreased by 40%! (MISSING) Bollinger Bands have narrowed to the tightest in 2 months
News Flash
Coinbase announces PEPE futures testing
Historical similar events: SHIB futures had a volatility of ±25% on the first day!
Whale movements:
Cumulative purchases in the range of 0.0400-0.041 reach 1.2 trillion coins (approximately 5 million USD)
Exchange inventory has dropped to a monthly low
Financial Month's bold remarks
The current market looks like a compressed spring, three possibilities:
After holding 0.0400, violently rebounds to 0.0425 (+5%!)(MISSING)
Drops below 0.0400 triggering panic selling to 0.0380 (-7%!)(MISSING)
After sideways consolidation, leveraging futures launch to break through the previous high
Streamlined Strategy
Spot:
Light position long at 0.0405, stop loss if it drops below 0.0398
Breakthrough 0.0420 to chase the rise (target 0.0440)
Contracts:
Open 3x long position at current price (strict stop loss at 0.0400)
Breakthrough 0.0425 to increase position
Follow the profile picture @财月女神 to help you make more confident investment decisions. In the volatile crypto market, Financial Month accompanies you!