$PEPE
PEPE had a bullish line yesterday, breaking through the upper edge of the bull flag, but did not rally. Today, in the morning session, it formed a bearish line retracing to the breakout position. We will see how it closes today. If it closes with a bearish line that engulfs yesterday's bullish line, it indicates a high probability of a failed breakout, and we will continue to see adjustments in the long-term bull flag, which means the waiting time will be extended. This is also related to the movement of BTC, which is still going through channel adjustments. If BTC adjusts, PEPE will also continue to adjust, which will extend the waiting period. If PEPE can provide an excellent buying position around 1700-1800, it will be a very good opportunity to increase positions with a small stop loss. The viewpoint remains unchanged, continuing to be bullish, but in the short term, it will undergo adjustments.
