It’s been a red 24 hours for the $PEPE community. We’re looking at a -13% slide, bringing the price down to the $0.00000380 zone.
After a sharp vertical drop, the chart is starting to flatten out, moving sideways as the market catches its breath. In trader-speak? The initial panic-selling is cooling off, and we’re entering a "wait and see" phase where the bulls and bears are fighting for the next support level.
The Breakdown:
• The Dip: A double-digit drop that caught many off guard.
• The Consolidation: Sideways movement suggests the "panic" phase is transitioning into a "stability" phase.
• The Sentiment: The market is searching for a floor. Are we looking at a local bottom, or is there more room to fall?
Meme coins are famous for these rollercoasters—what goes down fast often finds its strength in these quiet, sideways moments.
What’s your move? Are you eyeing this as a "buy the dip" opportunity, or are you staying on the sidelines until the green returns? Let us know your strategy in the comments! 👇
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