PEPE is about to break out, will we miss the opportunity to take off?
First, from the perspective of technical form, PEPE shows a significant trend of breaking through the upper pressure range with heavy volume. Although its rising process has stalled at present, it seems to be accumulating great strength, paving the way for a subsequent strong rise.
We are now at a critical juncture where the long-short competition is intensifying, and the overall market environment is in a bull market. Once the short forces are unable to continue and choose to surrender, it will be the time when PEPE begins to explode rapidly.
Secondly, using the four-hour price trend as an observation perspective, PEPE has been trading sideways in the current range for a long time. Judging from past experience and market rules, if the stock price remains sideways for a long time without an obvious downward trend, the possibility of a subsequent rise is extremely high.
This range is very likely to be a key area for bankers to secretly accumulate funds again. As the bankers gradually accumulate chips, they will inevitably need to achieve their profit targets through a sharp increase in prices, thus laying the groundwork for the rise of PEPE.
Third, the flow of market enthusiasm has changed significantly, tilting sharply towards the meme field again. PEPE, as a typical representative currency under the concept of meme, is bound to attract more investors' attention and capital injection under the influence of this craze.
The continued increase in market attention and the continuous influx of funds will provide a strong source of power for the price increase of PEPE, giving it greater upside potential and room for explosion in the upcoming market.
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