After a period of integration -together, many may wonder if the Pepe Meme Coin still has more room to run. In the heat of the market, some believe that Pepe can be able to gear up for a major move to the current rotation.
An analyst from the Matrix Wealth Media YouTube channel has fallen exactly what he sees for Pepe. He explained his approach, price targets, and how to navigate volatility ahead. The video is full of guidance on when to buy, when to sell, and what to expect in terms of potential income.
PEPE PRICE SETUP AND ENTIRE
The analyst begins by saying that Pepe is at a low point today, calling it a major opportunity for those looking to get in before the next climb. He emphasizes that this bottom zone is where wise money Usually enters. According to him, many people who followed his earlier calls booked 60% income by buying low and sale wisely.
He advises viewers not to invest all their money at the same time. Instead, he suggests putting 10% to 20% of your planned value each time. This way, you reduce the risk of stuck if the price is sinking. His approach to income acquisition is similar. He recommends getting out of the parts, getting 10% to 20% obtained at different levels and using that revenue to re -drive.
The dollar cost of average and staged exit approach is what he believes gives you the best chance to ride a coin meme like Pepe without being caught in sudden correction.
Price levels and Targets of Pepe
In his review of the chart, the host of Matrix Wealth Media teaches some important levels of support and resistance for the price of Pepe. He has shown that the market recently closes near a resist zone, which means likely a short -term pullback. He described the three main places to watch if the price dropped:
- $ 0.00000781
- $ 0.00000830
- And in a worst case, $ 0.00000689, he says it will only happen if the Bitcoin crash.
These zones, according to him, have a history of acting as support, as Pepe often boosts from those levels. He described how Pepe tend to pump, drop, and then stay in the same zones before another leg, a sign that consumers were walking to those levels.
As for the target prices, he gives three main zones the goal for this cycle:
- First Target: Between $ 0.00001027 and $ 0.00001085
- Second Target: Around $ 0.00001249
- Third and most important target: $ 0.00001621
He reminds viewers that these are places to consider the release of the stages and that the financial advice is not here. Everyone should do their own research before doing any trade.
Also Read: Why XRP prices can head to $ 17 – and maybe even higher
Bitcoin's role in meme coin moves
At the end of the video, the analyst came out to talk about Bitcoin. He said the Bitcoin's bullish trend was what the Fuels Altcoin rally, including coin memes like Pepe. According to him, anyone who wants to succeed in crypto should follow Bitcoin first. He calls it “The Gamechanger.”
He has shown that Bitcoin is currently fighting within a major resisting zone marked with red lines. Buyers and sellers are stuck in what he describes as a rectangle, and if Bitcoin destroys strong volume, a new all-time high may be less than a month.
However, he warns about the purchase on the weekend, as low volume and whale manipulation can trap retail investors. His final advice is simple: do not buy bitcoin or any altcoin when the price is high. Wait for dips and retests. Otherwise, you risk entering the top.
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