Analysis of PEPE one-hour buying and selling points:
· Buying point: 0.00001000USDT
· Selling point: 0.00001040USDT
· Reasons: 1. K-line pattern:
The K-line has been fluctuating in recent times. Currently, many K-lines are in a relatively narrow price range, indicating that the market is in consolidation.
The recent appearance of small real K-lines with long upper and lower shadows indicates that there is uncertainty in the market and fierce competition between bulls and bears.
Technical indicators:
MACD remains below the zero axis, and the DIF and DEA lines are stuck together, indicating that the current market trend is not clear and there is no clear directional signal.
RSI fluctuates around 50, indicating that the current buying and selling forces are balanced, and there is no obvious overbought or oversold situation.
EMA(7) is close to EMA(30), but much higher than EMA(120), reflecting that the short-term and medium-term moving averages are relatively close and have not yet formed an intersection, but continue to run above the long-term moving average, showing a certain support strength.
Trading volume:
Trading volume is shrinking in different cycles, and
there is no prominent sign of phased volume expansion.
Trading volume does not change much in the short term, and maintains a synchronous and stable state with the price.
