I almost bought $PEPE today. Then I checked the volume, 0.4x average

Trading at 389 right now sitting down 3.7 percent on the day

Volume is dead quiet and this move is not being funded by real participation

I am passing on $PEPE until things change

I need to see an hourly close and hold above 405

Or a pullback that holds 378 and bounces

It could keep running without you and a bad entry costs more than a missed move

Chasing $PEPE here, or waiting for 378?

#PEPE #RiskManagement