Exploded! PEPE has been battling long and short for over 1 hour, with a liquidation of 920,000, and $0.0000109 becoming a critical threshold. Getting in now could mean a huge profit or crying losses!
PEPE 1 hour K-line currently shows a key signal: the price repeatedly tests $0.0000109, down 3.53% in 24 hours, up 2.36% in 7 days. The long-short battle hides both opportunities and risks.
Technical analysis: The 1-hour level displays alternating red and green K-lines, with fierce competition between longs and shorts; the current price is at a critical level, with support below and pressure above.
Contract trading volume is $1.468 billion, with major concentration in the contract market, short-term volatility may be amplified.
Open interest is $782 million, with 540,000 long liquidations and 380,000 short liquidations within 1 hour. The "double kill" indicates a possible trend change, either a violent surge or a rapid crash.
News aspect: There are no major news for PEPE, but the sentiment in the crypto market is warming, with institutions increasing their attention on meme coins. Policy rumors may become a catalyst.
Operational strategy:
Aggressive: Set a small position near $0.0000105, stop loss at $0.0000100, target $0.0000120+.
Conservative: After breaking through $0.0000115 or when the market becomes clear, accumulate in batches.
Follow Xing Ge, using on-chain data to expose the project's hidden cards, taking food from the whales! @星哥狩猎日记
