Would you dare chase this PEPE rebound?

$PEPE rallied a bit along with it today. Things look pretty lively.

But looking at the whole week,
each rebound has peaked lower than the last.
Now it’s nearing that hurdle from a few days ago again.

Plenty of long positions have chased in,
but most of the recent liquidations have been longs.
Bitcoin hasn’t moved much all day, and altcoins have no tailwind.

My bias is to go short.
Place a short order around 0.0000042,
with a stop-loss at 0.0000044.
First target: 0.0000039.

Meme coins can move back and forth quickly.
These are just my personal thoughts; decide your own position size.

$PEPE