$1000PEPE : Near the major players' cost zone—is a bottom reversal opportunity emerging?
$1000PEPE has recently become worth watching closely.
Based on the current price action, after an earlier catch-up decline of around 30%, the price has begun to show signs of stabilizing and rebounding.
A few signals worth noting:
The price is gradually approaching the major players' average cost zone, and selling pressure may be easing.
Compared with the earlier decline in line with the broader market, it is now beginning to show some independent momentum.
A double bottom with long lower wicks has appeared on the 4-hour chart, suggesting short-term buying support.
The daily chart is gradually forming a stepwise upward structure, and trading volume has also started to pick up recently.
In my opinion, what matters most about $1000PEPE right now isn't how much it has risen in the short term, but whether it can truly hold above the bottom zone.
If trading volume continues to increase and the 4-hour structure remains upward, the next rebound rally may be worth looking forward to.
Of course, bottoming signals don't mean a reversal is confirmed. When trading contracts, it's especially important to manage position size, and blindly taking a large position is not recommended.
[你们觉得1000PEPE这次是真的筑底,还是又一次短线反弹?](https://app.binance.com/uni-qr/92VrT5FA)
$1000PEPE has recently become worth watching closely.
Based on the current price action, after an earlier catch-up decline of around 30%, the price has begun to show signs of stabilizing and rebounding.
A few signals worth noting:
The price is gradually approaching the major players' average cost zone, and selling pressure may be easing.
Compared with the earlier decline in line with the broader market, it is now beginning to show some independent momentum.
A double bottom with long lower wicks has appeared on the 4-hour chart, suggesting short-term buying support.
The daily chart is gradually forming a stepwise upward structure, and trading volume has also started to pick up recently.
In my opinion, what matters most about $1000PEPE right now isn't how much it has risen in the short term, but whether it can truly hold above the bottom zone.
If trading volume continues to increase and the 4-hour structure remains upward, the next rebound rally may be worth looking forward to.
Of course, bottoming signals don't mean a reversal is confirmed. When trading contracts, it's especially important to manage position size, and blindly taking a large position is not recommended.
[你们觉得1000PEPE这次是真的筑底,还是又一次短线反弹?](https://app.binance.com/uni-qr/92VrT5FA)
A:底部基本形成,准备看多
B:反弹还不够,继续观望
6 hr(s) left


