🐸 Yesterday it was leading with +12.9%. Today $PEPE is down −12.9% and trading at around $0.00000440.
Yesterday we warned you: its daily ATR was around 7%, so a sharp pullback was within the "normal" range. And it came.
📊 The data (Binance):
• 24h spot volume: $80M, still above yesterday’s $74M: the drop isn’t due to a lack of activity.
• Recent high around $0.0000051; today it fell below the 4h EMA 20, but remains above the 4h EMA 50 and the daily EMA 20.
• It’s still up +18% over 6 days.
• Funding +0.01% (standard) and open interest +4.3% → new positions are opening in the middle of the drop.
All the meme coins on the list are in the red: $DOGE −3.3%, SHIB −3.7%, FLOKI −4.2%, BONK −7.8%, WIF −7.9%, and PEPE −12.9%.
Healthy correction, or is the frog party over? 🐸👇
#PEPE #Memecoins #Cripto #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
Yesterday we warned you: its daily ATR was around 7%, so a sharp pullback was within the "normal" range. And it came.
📊 The data (Binance):
• 24h spot volume: $80M, still above yesterday’s $74M: the drop isn’t due to a lack of activity.
• Recent high around $0.0000051; today it fell below the 4h EMA 20, but remains above the 4h EMA 50 and the daily EMA 20.
• It’s still up +18% over 6 days.
• Funding +0.01% (standard) and open interest +4.3% → new positions are opening in the middle of the drop.
All the meme coins on the list are in the red: $DOGE −3.3%, SHIB −3.7%, FLOKI −4.2%, BONK −7.8%, WIF −7.9%, and PEPE −12.9%.
Healthy correction, or is the frog party over? 🐸👇
#PEPE #Memecoins #Cripto #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.