#山寨季何时到来? #pepe为何这么牛逼 $PEPE $ETH
Urgent Market Update
I. NOT Currency Analysis
This week, NOT currency showed a specific price trend. Starting from the current price of 0.008100, the price gradually dropped to the 0.007500 and 0.006700 areas, and finally sought to find solid support around 0.006500. Among them, the 0.006300 area is regarded as the strongest support point. In terms of technical indicators, the 4-hour RSI shows a negative value, which means that there is a retracement pressure in the short term, but once it breaks through the 79.00 area, it may further drop to the 70.00 area. On the 1-hour chart, the RSI is currently in the 79.00 area, and if it falls below 74.00, it may enter a free fall state.
2. PEPE Currency Outlook
The PEPE currency is currently maintaining an upward trend and may be corrected in the 0.00001700 or 0.00001800 area in the short term. Its RSI indicator shows a positive value, which means that the upward momentum is still strong. On the 4-hour chart, we observe three important retracement areas, namely 58.75, 61.32 and 63.31. If these areas are effectively broken, PEPE may reach 0.00001800 or higher 0.00002000 area. Once it breaks through 0.00001728, it is expected to quickly rise to 0.00001750 and above.
3. PEOPLE Currency Strategy
The overall trend of the PEOPLE currency is currently bearish, but it is still hovering between the support and breakthrough areas. For investors, the 0.07350 area is a more ideal buying point, while the 0.06300 area is a stronger support level. If you intend to buy, it is recommended to wait for the price to fall to around 0.06300 before taking action. At the same time, be alert to the risk of false breakthroughs in the area above 0.08790. In terms of technical indicators, PEOPLE rebounded from the 56.98 area on the 4-hour RSI chart. If it can effectively break through the 59.25 area, it will be considered a positive signal. In trading, please pay close attention to the fluctuations of the RSI indicator to formulate a more accurate trading strategy.
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