Based on the current PEPE technical analysis, providing contract trading strategies:
📊 Current Price: $0.00001053
🔴 Short strategy preferred
The Super Trend indicator shows "short" signals on both the 1-hour and daily charts
Price is below all EMA moving averages (12, 20, 55)
RSI is in the weak range at 42.75
MACD histogram turns negative
📈 Specific operational suggestions:
Short entry: 0.00001060-0.00001070 range
Stop loss: 0.00001090 (upper resistance level)
Target levels:
First target: 0.00001030
Second target: 0.00001000
⚠️ Risk management:
It is recommended to control position size at 10-15% of total capital
Strictly implement stop loss to avoid holding positions
Pay attention to changes in trading volume, which is currently showing a declining trend
🎯 Key observation points:
The lower Bollinger Band near 0.00001049 may provide short-term support, but the overall trend is bearish. 24-hour decline of 1.52%, 7-day decline of 6.61%, continuing the weak pattern.
