#美国就业数据不及预期 1000PEPE this recent rebound is a bit weak, with buying pressure clearly weakening.
My judgment is that this is a good shorting opportunity:
Entry range: 0.0066-0.0068 Stop loss set at: 0.0070 First target: 0.0061 Second target: 0.0056
Why this layout? The price just entered the previous supply zone and got stuck, not continuing to push higher. Looking at the minute-level K-line, you can clearly see multiple upper shadows being pushed back, and the trading volume is weakening each time. This kind of movement usually signals that the main force is distributing at high levels, not a sign of continued rise.
Also pay attention to the trends of $RIVER and $BEAT, which are showing similar weakness under similar technical patterns. Before and after the US non-farm payroll data, the selling pressure on risk assets has indeed increased.
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AirdropHermit
· 10h ago
Fake rebounds, with decreasing volume each time, we really need to be cautious.
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When stuck in a supply congestion zone, it's time to run. The upper shadow tricks people, which is the most annoying.
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Before and after non-farm payrolls, risk assets are all being sold off. PEPE might really see a surge this time.
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Small short-term tests are okay, but it feels like these altcoins are too easy to be smashed at the end of the year.
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Weak signals on the minute chart are indeed obvious, but when shorting, you need to watch the exit points carefully.
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The buying pressure is weakening, that's true, but is the target of 0.0056 too aggressive?
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Those who stubbornly hold long positions despite being stuck in the supply zone should reflect on themselves.
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When similar patterns weaken together, it's time to listen to the market sentiment.
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Decreasing volume is the most annoying, yet the price is still searching for support. Clearly, the main players are not interested in pushing it up.
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Your logic makes sense, but I'm just worried there might be a sudden reversal at night.
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DancingCandles
· 10h ago
Hey, wait a minute, are you really brave enough to buy in at 0.0066? The buying volume looks so weak, it feels like it might still drop.
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The upper shadows are getting higher each time, clearly indicating distribution. The main players are squeezing out retail investors.
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RIVER and BEAT are doing the same, it seems the entire market is telling the same story.
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Shorting on the night before non-farm payrolls is a bit risky. What if the data turns out the other way? What do you think?
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That target of 0.0056 feels a bit greedy.
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Honestly, this rebound is quite fake. I'm also looking for a shorting opportunity.
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The declining trading volume can't be fooled; the bulls are about to collapse.
View OriginalReply0
SocialFiQueen
· 10h ago
Haha, this wave is indeed fake, I can see it too, buy orders are running away very quickly.
Really, the trading volume is getting weaker each time, this is the main force distributing.
I think your idea is fine, just not daring to chase short positions, too afraid of a reverse surge.
Before the non-farm payrolls, risk assets need to be sold off, small coins like PEPE can't withstand much.
Let's wait and see, there might still be room for a rebound.
The key still depends on how the non-farm payrolls turn out; the data falling short of expectations just now also caused some impact.
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LiquidityLarry
· 10h ago
It's the same story again, supply-dense areas get stuck and then need to be emptied? I think this time it might backfire, with non-farm data so weak, who can be sure of the next move?
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Trading volume gets weaker each time, is the main force distributing? Bro, maybe no one is really playing, haha.
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Enter at 0.0066, stop loss at 0.0070, take four points and run? That risk-reward ratio is a bit tight.
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As for PEPE, those who just look at the chart are already wrong. I'll just wait for Bitcoin to set the tone.
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What does a long upper shadow mean? Retail investors' hands are still following the main force's tricks. Who really knows?
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US employment data coming in below expectations might actually be good for risk assets. Your logic is a bit reversed.
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Feels like I'm about to start chasing short positions again. This routine is played every year.
View OriginalReply0
GameFiCritic
· 10h ago
It's frustrating. The upper shadows are being hammered down repeatedly, and the trading volume remains sluggish. The main force's signaling is too obvious. Before the non-farm payrolls, the selling pressure on these risk assets is indeed increasing, but the sustainability is truly concerning.
View OriginalReply0
DataOnlooker
· 10h ago
Oh no, PEPE's rebound this time really can't hold up, with each upper shadow more heartbreaking than the last...
The decline in trading volume is so obvious, the main players are definitely slowly fleeing, and I also see this as a shorting opportunity...
Once the US data was released, risk assets were directly hammered, RIVER and BEAT also collapsed, there's nothing more to say...
I think the target at 0.0061 is solid...
#美国就业数据不及预期 1000PEPE this recent rebound is a bit weak, with buying pressure clearly weakening.
My judgment is that this is a good shorting opportunity:
Entry range: 0.0066-0.0068
Stop loss set at: 0.0070
First target: 0.0061
Second target: 0.0056
Why this layout? The price just entered the previous supply zone and got stuck, not continuing to push higher. Looking at the minute-level K-line, you can clearly see multiple upper shadows being pushed back, and the trading volume is weakening each time. This kind of movement usually signals that the main force is distributing at high levels, not a sign of continued rise.
Also pay attention to the trends of $RIVER and $BEAT, which are showing similar weakness under similar technical patterns. Before and after the US non-farm payroll data, the selling pressure on risk assets has indeed increased.
This shorting opportunity is worth watching 👇