$PTB Price is just chopping sideways right now -- looks like the market is taking a breather and absorbing supply.
After a clean 2x run, longs are naturally locking in profits while shorts are getting a bit more confident since price is already sitting pretty high.
Quick read on the chart
RSI has cooled off nicely, coming down from overbought and hovering around 50 so things feel more balanced now ⚖️
MA20 (the yellow line) is still doing a solid job holding price hasn’t really given way yet 🟡
MACD, though is starting to roll over and hint at a bearish cross -- momentum on the upside is clearly slowing
Overall, this feels like a pause.. not the end, not the start -just the market catching its breath before showing its next real intention ⏳
-> Still long PEPE & JELLYJELLY
