Feels like $PEPE is losing its grip here
This chart is starting to look more like a distribution zone than anything bullish. Lower highs keep stacking up, bounces are getting weaker, and sellers are clearly in control now.
Every push up is being sold into, and momentum just isn’t there anymore. When memes stop bouncing hard, it usually means the easy money phase is done
Not calling exact targets or playing hero here just respecting what price is saying. Sometimes the best trade is simply standing aside and protecting capital.
Memes giveth… and memes taketh away 🐸
