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Recently, the PEPE community has been discussing a topic: can this project reach 1 cent? Once the news broke, it indeed attracted a lot of attention. Now, let's take a calm look at the market.
PEPE's current price stays around $0.000004, in a retracement and consolidation phase. From a technical perspective, the RSI is at 43.5, indicating that the market is neither overbought nor oversold, leaving plenty of room for upward movement. The support and resistance levels are both at $0.000004, which is quite interesting — it is both the current price and a key breakout point.
The market seems to be waiting for a signal. Based on community activity, the momentum of new projects and market expectations are indeed heating up. Combined with technical analysis, this wave of adjustment may be brewing the next move.
If it were my trading plan, I would arrange it as follows: first, a small position to test the waters, controlling the size at around 20%. Set the stop-loss at $0.0000035 to leave enough risk buffer. The initial target is $0.000005. Once the price breaks through the key level of $0.000004, confidence will strengthen, and then you can consider increasing the position to 40% and continue tracking the upward trend.
The key is: PEPE's community vitality definitely exists, and the heat of new projects is also rising, but whether the data can support expectations still depends on subsequent performance. What are your thoughts?