PEPE's double top just completed — and DOGE longs paid $21M for the same flush.
I said a daily close under $0.00000429 finishes PEPE's double top. We're at $0.00000395, day low $0.00000369 — the close just has to confirm it. $DOGE broke $0.060 with it, $0.05875 after tagging $0.05543. $SHIB lost $0.00000405 too, sitting right on $0.00000370 — close under it opens fresh lows.
The number that changes the trade: $21M of DOGE liquidated in 24 hours, 96% longs (MarginPad, 03:33 UTC). That's forced selling, not choice — and it doesn't stop just because we're tired of red.
I'm leaning bearish on the memes until one steals its line back. If $PEPE closes under $0.00000429, $0.00000369 gives way next. Close back above $0.00000462 and the pattern fails — I'm wrong.
Does $PEPE close under $0.00000429 tonight, or does it steal the line back — and which meme reclaims first?
Not financial advice. DYOR.
#PEPE #MemeCoins #CryptoCrash
I said a daily close under $0.00000429 finishes PEPE's double top. We're at $0.00000395, day low $0.00000369 — the close just has to confirm it. $DOGE broke $0.060 with it, $0.05875 after tagging $0.05543. $SHIB lost $0.00000405 too, sitting right on $0.00000370 — close under it opens fresh lows.
The number that changes the trade: $21M of DOGE liquidated in 24 hours, 96% longs (MarginPad, 03:33 UTC). That's forced selling, not choice — and it doesn't stop just because we're tired of red.
I'm leaning bearish on the memes until one steals its line back. If $PEPE closes under $0.00000429, $0.00000369 gives way next. Close back above $0.00000462 and the pattern fails — I'm wrong.
Does $PEPE close under $0.00000429 tonight, or does it steal the line back — and which meme reclaims first?
Not financial advice. DYOR.
#PEPE #MemeCoins #CryptoCrash
