Al Analysis for
PEPE
0.0₅369
-1.07%
1h
Overall, my brother, the downward trend is stronger if we stay below 0.00000374. If there is strong liquidation and the price moves above it with confirmation, only then might we change our outlook and become bullish.
If there is a false break below 0.00000346 with bullish reversal candles, this is an excellent buying opportunity. The first target is 0.00000374 and the second is 0.00000386.
The stop loss should always be below the last clear low if you're entering a buy, or above the last high if you're entering a sell.
This analysis is for educational purposes only, not investment advice. Focus on confirmations and don't rush into a trade; the market always provides opportunities if you are patient. Good luck, champion!