PEPE Had a nice 17% pop since yesterday.
But it has just printed quite a nasty Shooting Star.
The Star pierces through resistances and trendline so there is plenty of liquidity sweeping here.
This signals a potential move back down.
Overall this I think the market is getting close to a significant bounce but this is a little price action warning here.
Perhaps there may be yet another market wobble in the pipeline.
I took profit here - can't hold in front of this star and may be a dip to buy later 👍.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
PEPE
0.0₅459
-2.96%