#pepe
[Price trend analysis]
K-line pattern:
●Recent K-lines show large price fluctuations, with multiple K-lines with long upper and lower shadows, indicating that the market is in fierce competition between buyers and sellers in these price ranges.
●From 00:00 on May 14 to 17:00 on May 15, there were several rebounds after rapid price retracements, such as the long lower shadow at 00:00 on May 14, which may be the intervention of buying near the support level.
Trading volume:
●Trading volume is enlarged at certain time points, especially when prices change rapidly, such as the peak trading volume at 00:00 on May 14, followed by a significant increase in prices.
●Trading volume has shrunk slightly in recent hours, which is in line with the market environment of price shocks and consolidation.
pepe stepping back operation: multiple
Point: 00105
Target: 00115
Defense: 0099
Stop loss band is good to prevent the market trend from reversing after breaking through this point and causing losses to expand