$PEPE Coin (PEPE) layout strategy
Market Overview
In recent times, the price of Pepe Coin (PEPE) has shown a strong rebound momentum, and the current price is about $0.00000929. Despite some fluctuations in the previous weeks, market sentiment has gradually improved, especially with the rise of $BTC , PEPE has also risen.
Technical Analysis
The latest candlestick chart shows that PEPE has successfully broken through the downward trend line and formed a bullish engulfing pattern near the 200 EMA, which means that further increases may occur in the future. Some "analysts" predict that PEPE has the potential to rise by 35% in the short term, with a target price of $0.0000125. The current RSI indicator also shows potential for upside.
Contract operation strategy
1. Long order layout: According to the current market sentiment, it is recommended to open a long order in the contract market. The current long-short ratio is 1.062, showing a strong bullish sentiment in the market. You can open a long position near $0.0000090.
2. Stop loss setting: In order to control risks, it is recommended to set the stop loss near $0.0000075 to prevent unexpected declines.
3. Profit lock: When the price reaches $0.0000110, you can consider closing the position gradually to lock in profits and maintain flexibility.
Recently, many community members have asked pepe, so I made this analysis and shared it with everyone. The Buffalo encryption point is for reference only. The international situation has caused the market to be unstable. The long-term suggestion is to wait and see. You can also express your own opinions in the comment area. Welcome to share and debate!
