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Cryptocurrency News Articles

$PEPE "Still Panic????"

Feb 08, 2025 at 10:05 am

Hi guys!!are you still feeling panicked and resentful towards $PEPE because it hasn't made you rich yet?

$PEPE "Still Panic????"

A crypto influencer known as "The Wolf Of All Street Bets" has shared his technical analysis of $PEPE, highlighting a potential buying opportunity based on his interpretation of market structure and order block areas.

In his analysis, he identifies an order block zone that was touched on February 3rd and is still being tested by price action, as indicated by candles forming within the range of the candle on February 3rd (Inside Bar).

He uses the hourly time frame to identify potential reversal opportunities, which he confirms with candlestick patterns or chart patterns.

However, he emphasizes that his analysis is not a guarantee of price movement and that traders should always consider their own risk tolerance and trading strategies before making any decisions.

Original source:binance

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