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#Strategy加仓BTC $ETH $BNB $PEPE 【From Surge to Sharp Pullback: The True Signal Behind PEPE's Movement】
Recently, PEPE's price action has been quite eye-catching. It surged 80% in a short period, then started to decline again, leaving many people puzzled. But if you look at the data, you'll find some interesting insights.
The most straightforward data: Recently, large transaction volumes have skyrocketed by 630%, and whale addresses have become among the top active in the entire network. When these two signals appear together, what does it usually indicate? The actions of funds and big players are starting to become clearer. While retail investors are cutting losses, the capital might be brewing its next move.
How to interpret the technical aspect? Several key levels to watch:
**Support Zone**: Around $0.0000057 is an important recent support. If it holds, a double bottom pattern could form.
**Breakout Point**: $0.0000078 is a critical threshold. Once trading volume increases and the price effectively breaks above this level, the upside potential will become clearer.
**Target Range**: If the trend truly takes shape, reaching $0.00003 is not impossible, representing approximately a 400% increase.
On the indicator side, there are some contradictions. RSI has fallen from the overbought zone to 55, indicating short-term cooling off, but the overall trend remains intact. However, MACD has already shown a death cross, hinting that the price might test the $0.000005 level again.
Such pullbacks after a surge are common in the market. They are usually not the end but rather preparations for the next phase. PEPE is currently at the end of a long-term descending wedge, and a breakout often signals a trend reversal.
Short-term volatility is inevitable, and risk management should always come first. Do you see this level as an opportunity or a risk?