2026-01-10 17:36:49

PEPE performed the most prominently in the New Year memecoin market, but faced resistance at key support and resistance levels, and VWAP retesting was pushed back. If there are still opportunities to chase higher later on, I tend to look at the fluctuation band range — it depends on whether it can regain upward momentum there. From a technical perspective, this position is indeed an important watershed; whether market sentiment can continue depends on whether it can hold steady at critical points.

PEPE-1,56%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
6
Repost
Share

Comment

0/400

DecentralizedElder

· 23h ago

pepe this wave feels almost at the ceiling, depends on whether it can hold the volatility range --- Key levels can't be broken, chasing highs just makes you the bag holder --- Talking about support and resistance again, when will this theory start making money? --- Memecoin is just gambling, technical analysis is all fake --- Hold steady and keep pushing up, break through and buy the dip, it's that simple --- Repeated testing of the volatility band is really annoying, might as well wait for a clear direction --- VWAP being pushed back, is it about to turn around?

View OriginalReply0

ShibaMillionairen't

· 01-10 18:03

The volatility band is indeed a hurdle; if we can't hold steady, we'll have to pull back and find a bottom. --- Pepe's recent move feels a bit weak; it seems like another round of washout is needed. --- Whether we can hold key levels is really crucial; now we're just waiting for market sentiment. --- I think it's safer to wait for the volatility band to confirm before jumping in. --- Being pushed back from VWAP isn't a good sign; better to be cautious.

View OriginalReply0

SchrodingerAirdrop

· 01-10 18:00

Once again, it got smashed down. PEPE this wave is really frustrating. --- Volatility band? Nice way to put it, it's just gambling on whether it can rebound. --- Stabilizing at key points... sounds like self-hypnosis haha. --- That's how memecoin is, full of fireworks. --- Chasing highs? Let's wait until it drops to a proper level first. --- Getting back to VWAP is the standard move. --- Whether it can hold this time really depends on luck. --- The watershed, the watershed, every time it's a watershed, but what’s the result? --- Picking the low point within the volatility band is the way to go. --- No matter how good the technicals look, they can't withstand a dump.

View OriginalReply0

HalfBuddhaMoney

· 01-10 17:53

pepe this wave really can't go on anymore, we need to wait for the signal from the volatility band --- It's a critical point and a watershed moment. After all this talk, it's just about whether it can stabilize or not --- You can tell when VWAP gets pushed back, don't chase highs in the short term, let's wait and see --- Is the volatility band regaining momentum? Let me see if memecoin is still alive first --- No matter how much technical analysis is done, it's all talk. The key is still the sentiment of the crypto community --- I feel like pepe might need to adjust this time, no rush --- With such strong support and resistance levels, it feels like things are looking bleak --- It looks pretty eye-catching, but it's really just so-so --- If it can stabilize, I didn't misjudge. Probably going to retrace again

View OriginalReply0

ContractTester