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- 🗒 Gate.io Suggested Topics Posting Event: #NFP Data Release#
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The Non-Farm Payroll (NFP) data is set to be released on May 2nd. As a key economic indicator, it often has a significant impact on market sentiment. How do you think this upcoming report will influence the crypto market’s direction? Are you bullish or bearish?
Post with the hashtag #NFP Data Release# to share your insights or analysis to share the $50 reward pool!
⏰ Event Time: April 30, 4:00 AM - May 1, 4:00 AM (UTC)
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Spot Trading Signal - $PEPE
Entry Zone: 0.00000720 - 0.00000700
Target 1: 0.00000760
Target 2: 0.00000795
Stop Loss: 0.00000680
Confidence Level: 75%
Market Type: Spot
Timeframe: Short-Term (1–3 days)
Technical Overview:
$PEPE is currently trading near a key support level with neutral RSI and gradually increasing volume. Price action suggests a potential short-term bounce from this area, making it a good opportunity for a quick spot trade. Holding above 0.00000700 is crucial for upward momentum.
Risk Management:
Stick to the stop loss to avoid deeper downside if the support breaks. Suitable for short-term traders aiming for quick profits without leverage.