Just closed a short-term trade, sharing my thoughts while it's still hot.

PEPE is currently at 0.00617. My plan is to short when the opportunity arises, with a stop-loss set at 0.0066. From a technical perspective, the hourly MACD has already formed a death cross downward, which usually indicates that upward momentum is weakening. Looking at the larger timeframe, this rally from 0.004 to now has increased by over 50%, and there have been no significant pullbacks or consolidations during this period, so the risk of chip accumulation is gradually emerging.

I plan to take advantage of this pullback to buy some rebounds, but risk control is very important—using leverage below 20x, leaving enough room for a reversal. Once the price breaks through 0.0066, I will exit decisively. The crypto market is highly volatile, so caution is key.