$PEPE 24-hour high, current price 0.0₅517, previous high 0.0₅5127.
After a new high, there are three common patterns:
① Pull back to the previous high without breaking below it, then move up another step: the healthiest
② Keep fluctuating around the previous high: a change of hands; watch for direction
③ Fall straight back below the previous high and fail to recover: a bull trap
It's still above the previous high for now, so let's see whether it follows ① or ②.
Just chatting—this is not advice.
After a new high, there are three common patterns:
① Pull back to the previous high without breaking below it, then move up another step: the healthiest
② Keep fluctuating around the previous high: a change of hands; watch for direction
③ Fall straight back below the previous high and fail to recover: a bull trap
It's still above the previous high for now, so let's see whether it follows ① or ②.
Just chatting—this is not advice.