If you're still chasing pumps in $PEPE after that rejection, stop now.
Watching bags bleed from FOMO buys at local tops is how traders lose months of gains in days. The pain of holding through lower highs while every bounce gets dumped is real.
$PEPE slammed into 0.00000568 and sellers took over immediately. Lower highs are stacking up and buyers look exhausted, pumps vanishing in minutes. This setup looks a lot like $SHIB after its first massive run, when the crowd kept calling the bottom too early.
I'm leaning bearish here and watching for shorts on any bounce into 0.00000490-0.00000497 with a stop at 0.00000512 and first target around 0.00000470. Same pattern that caught late $DOGE buyers last cycle when they ignored the fading momentum.
I've watched enough of these cycles to know when a meme is running on fumes.
Anyone else seeing this $PEPE action line up with past meme coin tops?
#PEPE #Memecoins #CryptoTrading
Watching bags bleed from FOMO buys at local tops is how traders lose months of gains in days. The pain of holding through lower highs while every bounce gets dumped is real.
$PEPE slammed into 0.00000568 and sellers took over immediately. Lower highs are stacking up and buyers look exhausted, pumps vanishing in minutes. This setup looks a lot like $SHIB after its first massive run, when the crowd kept calling the bottom too early.
I'm leaning bearish here and watching for shorts on any bounce into 0.00000490-0.00000497 with a stop at 0.00000512 and first target around 0.00000470. Same pattern that caught late $DOGE buyers last cycle when they ignored the fading momentum.
I've watched enough of these cycles to know when a meme is running on fumes.
Anyone else seeing this $PEPE action line up with past meme coin tops?
#PEPE #Memecoins #CryptoTrading
