#pep After the correction.. Are we gearing up for the bottom or is there more downside?
The chart is clear: PEPE dropped from 0.0042 to 0.0025 and bounced a bit at 0.0028.
The price is currently below the MA7, MA25, and MA99 averages, indicating selling pressure.
Trading volume is at $108M in the last 24 hours, meaning liquidity is still present.
My prediction: if it holds above 0.0029, we might see a bounce to 0.0035.
If it breaks below 0.0025, we're heading to test a new bottom.
Are you with the "buy the dip" team or are we waiting for confirmation? $PEPE
Quick reminder: meme coins have very high volatility, so don't invest money you can't afford to lose.
The chart is clear: PEPE dropped from 0.0042 to 0.0025 and bounced a bit at 0.0028.
The price is currently below the MA7, MA25, and MA99 averages, indicating selling pressure.
Trading volume is at $108M in the last 24 hours, meaning liquidity is still present.
My prediction: if it holds above 0.0029, we might see a bounce to 0.0035.
If it breaks below 0.0025, we're heading to test a new bottom.
Are you with the "buy the dip" team or are we waiting for confirmation? $PEPE
Quick reminder: meme coins have very high volatility, so don't invest money you can't afford to lose.