🐋 $PEPE has fallen below the 0.0₅48 level, where limit orders and stop-loss orders tend to be most concentrated.
After a break below, stop-losses on long positions underneath can easily be triggered in succession, bringing a faster sell-off. But if major buyers step in at lower levels, the price could also be pulled back above the level.
Do you think this is the beginning or the end?
#PEPE
After a break below, stop-losses on long positions underneath can easily be triggered in succession, bringing a faster sell-off. But if major buyers step in at lower levels, the price could also be pulled back above the level.
Do you think this is the beginning or the end?
#PEPE