PEPE has recently faced significant pressure in the Meme sector during its adjustment phase. As of the latest quote at $0.0000051, the token price has dropped 8.34% within 24 hours, and the sector sentiment is under test. From a technical perspective, the $0.000005 level forms a key support, with resistance around $0.0000055. Currently, the RSI indicator has entered the oversold zone but has not yet shown a clear rebound signal.
For participants, under a light position strategy, attention can be given to low-entry opportunities in the 4.9-5.0 range, while setting 4.7 as a stop-loss level and 5.4 as a take-profit target. It is important to emphasize that position control is crucial—each trade size should not exceed 0.5% of the total funds. After all, emotion-driven tokens like PEPE are highly volatile, lacking clear fundamental support. Any technical change can quickly reverse, making risk management indispensable.
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PEPE has recently faced significant pressure in the Meme sector during its adjustment phase. As of the latest quote at $0.0000051, the token price has dropped 8.34% within 24 hours, and the sector sentiment is under test. From a technical perspective, the $0.000005 level forms a key support, with resistance around $0.0000055. Currently, the RSI indicator has entered the oversold zone but has not yet shown a clear rebound signal.
For participants, under a light position strategy, attention can be given to low-entry opportunities in the 4.9-5.0 range, while setting 4.7 as a stop-loss level and 5.4 as a take-profit target. It is important to emphasize that position control is crucial—each trade size should not exceed 0.5% of the total funds. After all, emotion-driven tokens like PEPE are highly volatile, lacking clear fundamental support. Any technical change can quickly reverse, making risk management indispensable.