#PEPE Bearish Head and Shoulders
Updated
📊#PEPE Bearish Head and Shoulders 📉
🧠From a structural point of view, we have constructed a bearish head and shoulders structure near the resistance zone, so we need to be alert to the risk of a correction. Although the general trend direction is a bullish trend, only a healthy correction can make us rise higher. For new long transactions, you can focus on the green buy zone and the neckline support zone.
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🧠From a structural point of view, we have constructed a bearish head and shoulders structure near the resistance zone, so we need to be alert to the risk of a correction. Although the general trend direction is a bullish trend, only a healthy correction can make us rise higher. For new long transactions, you can focus on the green buy zone and the neckline support zone.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
Trade active
#1000PEPE
At present, the profit has been 4 times, and it is near the stage support zone. To prevent unexpected situations from happening, you can lock in the main profit first and then look forward to more.
Trade active
🔔 #1000PEPE
We have eaten big meat twice in the resistance zone. The short order opened yesterday reached TP1 and locked the main profit of 400%+. Then today we bought back the position that was reduced yesterday in the resistance zone, and also locked the main profit of 700%. a total of 1100% gains have been achieved.
If it reaches the resistance zone for the third time, I will not go short, because the overall trend is bullish, and we are already close to the neckline support zone. If it goes up again, I am worried that it will break through the resistance zone and start a crazy surge mode. Set no Risk can rule out this possibility.
Trade closed: target reached
#1000PEPE USDT.P Crossing 0.0098538
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🔥20% transaction fee discoun🔥
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👇BYBIT 👇
WOLFKING
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