2026-01-05 08:26:42

PEPE's recent surge has been quite aggressive, and the risk of chasing after a doubling rally is indeed significant. From a technical perspective, this upward movement started with a sudden acceleration in the daily chart's descending wedge pattern. The current high is approaching the starting point of the wedge, which has clearly become a resistance zone.

Although the smaller timeframes are still holding on stubbornly, the signals are beginning to change. While the price hasn't diverged and fallen, this kind of pattern already shows signs of a potential top. In simple terms, a top is not far away.

In this market rebound, many coins have risen and then retraced quickly, catching the top if one isn't careful. PEPE also faces this risk. If there is another upward-driven rally pushing the price higher, I would consider shorting in the range of 0.0075-0.0080. Of course, such trades depend on market rhythm; without absolute confidence, it's crucial to set proper stop-losses. Avoid getting caught in a trap—that's the top priority.

PEPE1,05%

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MysteryBoxOpener

· 20h ago

Still want to chase after doubling? Isn't this just the self-cultivation of a bagholder haha PEPE's recent move is indeed aggressive, but I think we need to clearly see the wedge resistance; don't get fooled by the trap plays Taking a short at this level requires real guts, one second of poor stop-loss management and you're wiped out

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rekt_but_vibing

· 01-06 06:38

Those who chase the high are all dead here, I'm serious --- The wedge breakout pattern is back again, every time they say the top is near but it keeps rising, I'm speechless --- Short at 0.0075? Bro, your understanding of PEPE's craziness is still not enough --- The top buyers should be crying now, I just can't see where the peak is --- Honestly, this rebound is just a trap to cut leeks, PEPE definitely can't escape --- It's both a resistance level and a divergence, in the end, it all depends on market sentiment --- I just want to know if anyone has really successfully shorted at the price of 0.0075 --- I'm not chasing this time, last time I doubled in and got cut in half, I’ve learned my lesson

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ThreeFlowersGatherAtTheTop

· 01-05 09:00

Hold on tight, we're about to take off 🛫

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ser_we_are_early

· 01-05 08:56

It's the same wedge theory again. Every time, it says the top is not far, but it keeps soaring. I'm truly convinced.

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RetailTherapist

· 01-05 08:54

Haha, it's that familiar routine again, thinking about doubling up? Wake up, brother, the view from the top isn't that great. PEPE this wave definitely has some flavor. The wedge resistance level is so obvious, yet you still want to catch the falling knife? I think around 0.0075 is the real shorting stage. When the trap is set, it's time to harvest. By the way, can you really hold your stop-loss? I bet 80% of you are just holding on stubbornly. Final reminder: if you're not confident, don't move. Being trapped is even more painful than losing.

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HashRateHustler

· 01-05 08:53

The wedge is about to break, just looking at it makes me want to go short, but I’m still watching the market... --- PEPE this round is really a bit weak, the bagholders should be waking up now --- Fake breakout is real, catching the top is real, I choose to wait and see --- That price level of 0.0075 is pretty good, just worried about being violently reversed --- The top signal is so obvious, and there are still people chasing? Wake up, everyone --- Small-scale traders who hold on stubbornly all end up dying at larger timeframes, learned my lesson --- The resistance level is right there, you can't escape it technically --- Shorting is easy, but stop-loss must be set properly, or it’s just giving away money --- Many coins have been up and then retraced this round, why should PEPE be any different? --- No divergence appeared, but the feeling of a top is already there, a detailed look is terrifying

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airdrop_whisperer

· 01-05 08:50

The wedge pattern is just a trap. I previously got burned on SOL, and now it looks like Pepe is following the same playbook... Those who buy at the top are just here to give away money. I'll wait until it hits 0.008 to short again. This rebound is really fake; it's all about enticing more people to buy in before the final dump.

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AirdropAnxiety

· 01-05 08:33

I also noticed the wedge pressure, but to be honest, chasing PEPE right now is just gambling. There's never a shortage of people taking over at the top. I think it's better to wait until around 0.0075 before considering shorting. The current market feels a bit fake; don't get caught up in the hype and buy-in.

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