Looking at PEPE's recent market trend, it surged sharply to 0.0062886 initially, then started to weaken. On the short-term chart, a clear top formation has appeared, and the MACD is turning around from high levels. Trading volume is also shrinking, indicating that the bullish momentum is gradually fading.
From a capital perspective, the force actively selling off is increasing. Although the open interest remains stable, the influx of new follow-up funds is noticeably decreasing. Some large investors have already started to position themselves with short positions, which is a pretty clear signal.
This point in time is suitable for entering short positions. The entry can be around 0.00605, with a stop-loss placed above the key resistance at 0.0063. Support levels below are in the range of 0.0055 to 0.0052. Use the retracement momentum after this wave of gains to grasp the short-term reversal profit opportunities.
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OffchainOracle
· 01-06 06:39
Another high-level dump pattern, big players are selling off very quickly.
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screenshot_gains
· 01-06 03:24
That top at 0062 feels like it's about to collapse, I also bearish on this wave.
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gas_guzzler
· 01-04 22:51
Wait a minute, are the big players starting to build short positions? This signal is indeed quite strong, I also need to adjust my strategy accordingly.
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OwnFlight
· 01-03 15:04
Buying the dip to add positions is the best strategy. The leading meme coin surging is extremely terrifying, capable of causing a sudden short squeeze at any moment. Now it's the New Year, with solid support below and unlimited potential upward.
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GasFeePhobia
· 01-03 12:57
Another story of catching the top. PEPE's recent move is indeed fake.
Shorts? I'll wait and see, afraid of getting trapped.
Top at 0.0062? I've felt something was off for a while, with such poor volume.
The big players have probably already run away, and we're retail investors still sleepwalking.
It seems like it will continue to drop; if it goes down, watch 0.005.
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BoredApeResistance
· 01-03 11:57
Once again, it's about to crash. PEPE really can't hold on this time.
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Web3Educator
· 01-03 11:56
ngl the MACD flip is textbook, seen this pattern play out with my students' portfolios like ten times already. fundamentally speaking, when whales start positioning shorts that aggressively, retail usually gets liquidated... just saying
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BoredWatcher
· 01-03 11:56
The big players have already left, and retail investors are still sleepwalking.
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ForkMonger
· 01-03 11:47
lol the governance mechanics on this one are absolutely broken—whale coordination is literally just pulling the rug while retail fomo-ers still think they're early. classic protocol darwinism playing out in real time ngl
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VibesOverCharts
· 01-03 11:45
The big players are quietly laying out shorts, and I can see this signal clearly
Looking at PEPE's recent market trend, it surged sharply to 0.0062886 initially, then started to weaken. On the short-term chart, a clear top formation has appeared, and the MACD is turning around from high levels. Trading volume is also shrinking, indicating that the bullish momentum is gradually fading.
From a capital perspective, the force actively selling off is increasing. Although the open interest remains stable, the influx of new follow-up funds is noticeably decreasing. Some large investors have already started to position themselves with short positions, which is a pretty clear signal.
This point in time is suitable for entering short positions. The entry can be around 0.00605, with a stop-loss placed above the key resistance at 0.0063. Support levels below are in the range of 0.0055 to 0.0052. Use the retracement momentum after this wave of gains to grasp the short-term reversal profit opportunities.