Hello everyone, no one has talked about PEPE coin for a long time. Are you about to forget it? Today, let's analyze its K-line trend $: This is the daily chart of PEPE/UST. From the trend analysis, the long-term rising trend line has always supported the price. Even if the price fluctuates greatly in the middle, it has not effectively fallen below the trend line. The purple rectangular area is an obvious price consolidation range, where the long and short sides repeatedly play games. The yellow horizontal line above is an important resistance level. The price fell sharply after touching this position. The current price is in a correction stage, but it is still above the long-term rising trend line. Combined with the trading volume, the trading volume has changed significantly during the price increase and decrease, reflecting that the market transactions are relatively active. Although the price has fallen sharply, as the former meme king, it is still very likely to soar again. It may be just a detonation point. There is a saying that buy when no one cares and sell when the noise is loud.
