Recently, long positions were liquidated for $575,000, and internal market pressure has been clearly released. From a technical perspective, the moving averages are arranged in a suppressive pattern, indicating insufficient rebound momentum.
Accumulation of bottom-fishing positions continues to pour in, providing continuous momentum for the downtrend. The current price range is between 0.00425-0.00435, which can serve as an observation reference; 0.00440-0.00450 is another key level. If upward movement is weak, resistance may be encountered around 0.00460. Support below is at 0.00410, and a break below could target below 0.00390.
Regardless of the operation, risk management is the most important. Market volatility is high, so proper position planning is more important than anything else.
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CryptoHistoryClass
· 12-15 20:32
ah yes, the classic "this time is different" energy with PEPE... *checks historical precedent* funny how we're repeating 2017 exactly, down to the support levels nobody actually respects lol
Reply0
CryptoCrazyGF
· 12-15 18:28
Damn, it's the same old story. Those who buy the dip are all like leeks, just waiting to be chopped.
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MergeConflict
· 12-13 21:04
pepe this wave is really hard to describe, talking about support levels and resistance levels, but in the end, isn't it just crashing?
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SingleForYears
· 12-12 23:27
Another liquidation happened. This wave of retail traders got cut pretty harshly. This is the real market.
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SolidityJester
· 12-12 23:26
Wait, 575,000 liquidations just blowing the warm-up here? Come on, buddy.
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SchroedingerAirdrop
· 12-12 23:21
575,000 liquidation, this wave of cutting leeks is quite intense...
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Rugpull幸存者
· 12-12 23:03
575,000 liquidated positions, just hearing about it hurts. This time, you really need to stick to your stop-loss.
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WalletWhisperer
· 12-12 23:01
pepe this wave is indeed quite interesting, but it feels like the old routine again, everyone who bought the dip is probably stuck now.
#数字资产生态回暖 $PEPE's recent performance indeed warrants attention 💥
Recently, long positions were liquidated for $575,000, and internal market pressure has been clearly released. From a technical perspective, the moving averages are arranged in a suppressive pattern, indicating insufficient rebound momentum.
Accumulation of bottom-fishing positions continues to pour in, providing continuous momentum for the downtrend. The current price range is between 0.00425-0.00435, which can serve as an observation reference; 0.00440-0.00450 is another key level. If upward movement is weak, resistance may be encountered around 0.00460. Support below is at 0.00410, and a break below could target below 0.00390.
Regardless of the operation, risk management is the most important. Market volatility is high, so proper position planning is more important than anything else.