I have conducted a technical analysis of the 4-hour chart image $PEPE /USDT. The details:
* For Short-Term Traders: The consolidation and mixed signals suggest that the market may continue to move sideways. It could be an environment for range strategies (buying at support, selling at resistance), but with caution due to Pepe's volatility.
* For Trend Traders: There is no clear signal of a strong trend at this time. It would be wise to wait for a clear breakout above significant resistances or below key supports, accompanied by an increase in volume, to confirm a new direction.
* Key Levels: Watch the levels of 0.00001033 (24h High) as resistance and 0.00000982 (24h Low) as immediate support. A breakout of these levels could indicate the next direction.
Additional Considerations:
* Volume: Volume (12.65T PEPE, 127.25M USDT) is an important factor. If a range breakout occurs with significant volume, it would be more reliable. #DayTradingStrategy
I have conducted a technical analysis of the SHIB/USDT chart image. $SHIB the details:
* Strong Bearish Signals: The bearish crosses of the EMAs, the bearish alignment of the MACD with a growing negative histogram, and the increase in volume in the recent bearish candle are all indicators of strong downward momentum. * Projection: It is very likely that the price will continue its downward movement in the short term. The level of 0.00001160 is a critical support to watch. If this level is convincingly broken, the price could fall towards 0.00001138 or even lower levels. * Bullish Consideration: For the trend to change, we would need to see a clear bullish reversal pattern, a sustained increase in buying volume, and a bullish crossover of the EMAs (short-term EMA crossing above the long-term EMAs), which is not currently observed.