🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
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3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
Based on the current PEPE Technical Analysis, the following contract strategies are provided:
📊 Current Price: $0.00000954
📈 Market Status: Short-term Adjustment, RSI indicates Oversold
Long Strategy 🚀
Entry point: $0.0000094-0.0000095 range
Stop Loss: $0.0000092
Target 1: $0.0000098
Target 2: $0.00001005
Leverage: 5-10x
Technical Analysis 📋
The 1-hour RSI is around 47, with room for a rebound.
The lower Bollinger Band support is at $0.00000938
The increase in trading volume indicates heightened capital interest.
The SuperTrend indicator still shows a bearish trend, but the MACD histogram has turned positive.
Risk Management ⚠️
Strictly implement stop-loss to avoid chasing highs.
Build positions in batches, keeping the position size within 20% of the total funds.
Pay attention to the Bitcoin trend, which has a strong correlation.
Short-term resistance levels: $0.0000098, $0.00001005
Key support levels: $0.0000094, $0.0000092
It is recommended to wait for the price to pull back to the support range before entering the market, to avoid chasing highs and selling lows 💪