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PEPE double bottom theory ignores past volatility, traders are nervous

Source: CoinWorld
A recent analyst report pointed out that there may be a double bottom pattern in the price movement of PEPE, which means that if it breaks through key resistance levels, its gains could reach 300%. This pattern has always been related to bullish reversals and needs to be confirmed through trading volume and price trends. Traders are advised to monitor neckline breakthroughs near key psychological prices, while taking into account market volatility and external factors. The analysis emphasizes risk management and points out that similar patterns in other assets do not always accurately predict results.
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