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In the evening, I was idly watching PEPE's price movement. As I kept observing, I felt that this wave might really have some action. Recently, the overall atmosphere in the crypto circle has indeed been a bit different, and PEPE seems to be surging with undercurrents.🔥
Honestly, this kind of operation inherently carries a bit of gambling nature, but even gambling should follow a method.
**The technical situation is as follows:** PEPE is currently clearly bullish, with the RSI indicator at 56.3, indicating a neutral leaning towards strong. From the sentiment perspective, market enthusiasm continues to rise, and community discussion remains high.🚀
**The key level is very important—$0.000004.** This price zone is crucial. If support can hold here, there is considerable room for further upward movement. Conversely, $0.000004 also acts as resistance above; once broken, it could trigger a wave of accelerated rise, attracting a large number of emotional traders to follow in.🐶
**My trading idea:** I will focus on observing the performance at the $0.000004 level. If it can be successfully broken through, I might consider trying a small position to test the waters. But if it falls below this line, I will cut losses immediately—after all, MEME coins are highly volatile, and the risk factor is evident.
**The most critical aspect is actually the community’s enthusiasm.** For MEME coins, technical analysis has limited reference value; the real determinant of the trend is group sentiment. Whether this rally can continue ultimately depends on whether the community can maintain the heat.💪
From recent community trends, the number of meme images and jokes has noticeably increased, which is itself a signal.
**Finally, a reminder:** Everyone should control their pace according to their risk tolerance and not be driven by FOMO (fear of missing out). Be more rational in judgment and keep a steady mindset. Let’s see how this wave develops together!🔥🚀🐶
Feel free to share your thoughts in the comments!