As soon as the night trading opens, the trend rhythm of PEPE clearly changes. From recent observations, the pattern of PEPE's sustained strong upward movement remains quite evident. The RSI has already surged to 88.8, reflecting extremely euphoric market sentiment. Community discussion heat has also reached new heights, and the FOMO atmosphere is growing stronger.
From a technical perspective, the possibility of continued upward breakout exists. But we also need to consider the risk factors carefully.
In terms of support, the $0.000007 level is the current key support. If this level can hold, there will be ample room for upward breakthroughs. The resistance level is at $0.000008. If this level is effectively broken, subsequent capital momentum will be stronger, and the probability of continued price increase will be higher.
My own trading approach is as follows: focus mainly on the $0.000007 line. Once an effective breakout occurs, I will consider moderately increasing positions to test. But if the price drops below $0.000007, risk control is the top priority—stop-loss if necessary, so that we can survive longer.
Recently, community discussions have indeed been very active, and everyone's enthusiasm and confidence are quite high. This atmosphere is real and perceptible. However, this is just an observation of the current market sentiment. If you also find it interesting, you can pay more attention to related market movements.
Overall, PEPE's current momentum is quite good, and the market is here—it's all about how to seize the opportunity. Keep going, everyone!
⚠️ Disclaimer: The above content is only a technical analysis and personal trading idea sharing, and does not constitute any investment advice. Market risks should be assessed by oneself.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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NFTregretter
· 01-07 11:53
Bro, RSI is already at 88, and you're still adding to your position? This is gambling, not trading.
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If 0.000007 breaks, it will probably drop further. FOMO is really toxic.
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High community activity = more bagholders at high levels. Be careful of getting trapped.
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That line about stop-loss sounds nice, but no one really executes it.
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It's the same old story: buy more when resistance is broken. I think there's more superstition involved.
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Can PEPE really hold at 0.000007? I'm a bit skeptical.
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Damn, I'm forced to FOMO again, but with such high risk, who dares to really add?
View OriginalReply0
TokenomicsDetective
· 01-07 03:52
RSI skyrocketed to 88.8, which is indeed a bit crazy. If this continues, be careful of the fate of the bagholders.
View OriginalReply0
SerumSquirrel
· 01-07 01:01
RSI is almost overbought, this wave of FOMO really can't be contained
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0.000007 if I can't hold it, I'll just shoot up and go scoop the poop
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It's that same support and resistance theory again. Last time I heard this, I lost big
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High community discussion = a moment to cut losses, got it everyone
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The word stop-loss sounds easy, but who can bear to lose money when it really happens
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PEPE never fades, go go go
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RSI of 88.8? Wake up, that's a top signal, buddy
View OriginalReply0
PriceOracleFairy
· 01-04 13:52
rsi at 88.8 screaming for a pullback tbh... that liquidity dynamics tho 👀
Reply0
SelfMadeRuggee
· 01-04 13:50
RSI 88.8 still rising? That's outrageous, a collapse is inevitable sooner or later.
As soon as the night trading opens, the trend rhythm of PEPE clearly changes. From recent observations, the pattern of PEPE's sustained strong upward movement remains quite evident. The RSI has already surged to 88.8, reflecting extremely euphoric market sentiment. Community discussion heat has also reached new heights, and the FOMO atmosphere is growing stronger.
From a technical perspective, the possibility of continued upward breakout exists. But we also need to consider the risk factors carefully.
In terms of support, the $0.000007 level is the current key support. If this level can hold, there will be ample room for upward breakthroughs. The resistance level is at $0.000008. If this level is effectively broken, subsequent capital momentum will be stronger, and the probability of continued price increase will be higher.
My own trading approach is as follows: focus mainly on the $0.000007 line. Once an effective breakout occurs, I will consider moderately increasing positions to test. But if the price drops below $0.000007, risk control is the top priority—stop-loss if necessary, so that we can survive longer.
Recently, community discussions have indeed been very active, and everyone's enthusiasm and confidence are quite high. This atmosphere is real and perceptible. However, this is just an observation of the current market sentiment. If you also find it interesting, you can pay more attention to related market movements.
Overall, PEPE's current momentum is quite good, and the market is here—it's all about how to seize the opportunity. Keep going, everyone!
⚠️ Disclaimer: The above content is only a technical analysis and personal trading idea sharing, and does not constitute any investment advice. Market risks should be assessed by oneself.