🐸 $PEPE was the top gainer among the top 200 coins today, and it's holding $0.000005 while Bitcoin slips. Breakout loading? 🐸
Price is around $0.0000050, up about 5.6% on the day and roughly 12% on the week, above its 20, 50 and 200 EMAs on every timeframe I checked. A reported 1.45 trillion PEPE whale shift is fueling speculation. 👀
Levels I'm watching:
🟣 $0.0000052: October 28 high, the breakout target
🔴 $0.0000050: round number, needs a clean close above it
🟢 $0.0000046: October 27 close, must hold
⚠️ Lose $0.0000043 and the pop gets erased, with $0.0000040 next
It's still a meme coin, so liquidity and sentiment drive everything, and today's tape is thin.
My plan: no chasing a green day. I want a daily close above $0.0000052, or a pullback that holds $0.0000046, before I add. I'm out if $0.0000043 breaks.
Breakout or bull trap? 👇
#PEPE #Pepe #memecoin #crypto #cryptotrading
@Ismeidy @Zetoshi X
Price is around $0.0000050, up about 5.6% on the day and roughly 12% on the week, above its 20, 50 and 200 EMAs on every timeframe I checked. A reported 1.45 trillion PEPE whale shift is fueling speculation. 👀
Levels I'm watching:
🟣 $0.0000052: October 28 high, the breakout target
🔴 $0.0000050: round number, needs a clean close above it
🟢 $0.0000046: October 27 close, must hold
⚠️ Lose $0.0000043 and the pop gets erased, with $0.0000040 next
It's still a meme coin, so liquidity and sentiment drive everything, and today's tape is thin.
My plan: no chasing a green day. I want a daily close above $0.0000052, or a pullback that holds $0.0000046, before I add. I'm out if $0.0000043 breaks.
Breakout or bull trap? 👇
#PEPE #Pepe #memecoin #crypto #cryptotrading
@Ismeidy @Zetoshi X
