$PEPE reclaims $0.000005 this week or I am wrong. 🔥
At $0.00000481, the chart looks compressed, not dead. Down 2.24% in 24h, 4h RSI sitting at 46, and volume at only 0.4x the 20d average.
That’s a lack of conviction, not a full breakdown.
Price is still above the 20d and 50d MAs, and $ETH strength would give this the spark it needs. @pepecoineth is 15% below its 30d high, so $0.000005 is the obvious test.
If PEPE hits it, I’m taking some exposure off. 🐸⚡
#Pepe #Memecoins
At $0.00000481, the chart looks compressed, not dead. Down 2.24% in 24h, 4h RSI sitting at 46, and volume at only 0.4x the 20d average.
That’s a lack of conviction, not a full breakdown.
Price is still above the 20d and 50d MAs, and $ETH strength would give this the spark it needs. @pepecoineth is 15% below its 30d high, so $0.000005 is the obvious test.
If PEPE hits it, I’m taking some exposure off. 🐸⚡
#Pepe #Memecoins