Market overview:

Current PEPE price is 0.0(5)859, with a strong rise in yesterday's market, breaking through multiple key resistance levels. From the candlestick pattern, the price is in a clear rebound trend, expected to continue rising in the short term, but caution is needed for pullback risks.

Technical analysis

Daily level (D1): Bulls dominate, pay attention to short-term pullbacks

Moving average system: The price has broken through the MA30 and MA100 moving averages, with short-term moving averages turning upward, indicating strong upward momentum.

MACD: The fast line and slow line have a golden cross and are moving upward, with the momentum bars continuing to expand, indicating a bullish market sentiment.

Support and resistance:

Main support level: 0.0(5)775 (yesterday's pullback low)

Main resistance level: 0.0(5)925 (previous high)

Daily trend: The overall bullish trend is obvious, but there may be fluctuations and adjustments in the short term, with a high probability of continuing to rally after testing support.

⏳ Four-hour level (H4): Strong upward movement, but beware of overbought pullbacks

Bollinger Bands: The price is near the upper band, indicating potential pullback demand.

RSI: The relative strength index is close to 70, in the overbought area, with short-term pullback risks.

Support and resistance:

Short-term support level: 0.0(5)820

Short-term resistance level: 0.0(5)900

💡 Four-hour trend: The upward trend is good, but if there is a pullback, pay attention to the support level stabilizing before continuing to be bullish.

1-hour level (H1): Short-term fluctuations, waiting for a breakout

Moving averages: Short-term moving averages are upward, with the MA7 moving average providing support near 0.0(5)840.

KDJ: A death cross has appeared, short-term adjustments may occur.

Support and resistance:

Recent support level: 0.0(5)845

Recent resistance level: 0.0(5)875

One-hour trend: A short-term pullback may occur, and new upward space can only be opened after breaking resistance.

Operation suggestion

Aggressive strategy:

Dabble in long positions in the range of 0.0(5)840-0.0(5)850, with a target of 0.0(5)900-0.0(5)925.

Set stop loss below 0.0(5)800.

Conservative strategy:

Focus on buying long after the pullback stabilizes in the 0.0(5)820-0.0(5)830 support area.

Target 0.0(5)900, look for 0.0(5)950 after breaking.

Stop loss at 0.0(5)780.#ORCAT #CVX #ACM #zro #BANAN $$BTC $ETH $PEPE