$PEPE ｜Daily chart above MA50｜MA50 0.0₅3913
Before looking at fund flows, first understand moving averages.
Long-term moving averages such as MA200 attract widespread attention, partly because so many people are watching them. When prices approach these levels, volatility often becomes more intense.
The same moving average can have different value as a reference for different coins: the more actively traded and widely followed a coin is, the clearer the reaction around its moving average tends to be.
Extreme readings often signal greater volatility. At times like these, it’s better to reduce leverage rather than make big bets.
#PEPE
Before looking at fund flows, first understand moving averages.
Long-term moving averages such as MA200 attract widespread attention, partly because so many people are watching them. When prices approach these levels, volatility often becomes more intense.
The same moving average can have different value as a reference for different coins: the more actively traded and widely followed a coin is, the clearer the reaction around its moving average tends to be.
Extreme readings often signal greater volatility. At times like these, it’s better to reduce leverage rather than make big bets.
#PEPE