$PEPE Bounced From -12.6% To -6.72% 🐸 Real Recovery Or Fake Out?

At 11:44 PM, PEPE is -6.72% in 24H. At 3 PM today it was -12.60%, and Friday afternoon it was +12.47%. So the number looks much better now, but look closer. The PEPE price is only about 1.6% higher than at 3 PM (Rs0.001207 to Rs0.001226). A big part of the improvement comes from the old high dropping out of the 24H window.

🔴 Still Red (24H)
WLD -12.68%
ENA -10.61%
NEAR -7.66%
PEPE -6.72%
SUI -5.48%
ZEC -4.91%
DOGE -3.53%

🟢 Green
$BMT +61.76% (it was +65.35% at 8 PM)
SynFutures +3.39%
BIGTIME +3.35%

Majors: $BTC -1.41%, ETH -2.99%, SOL -3.04%, BNB -2.22%

💡 My take: the whole market is still red, and BMT is almost the only strong coin left. PEPE is stabilizing, but it has not turned green and the real price move is small. A bounce is not a trend yet. I would not rush in. I'd wait for a higher low, keep my position small, and use a stop-loss.

PEPE recovery or fake out? Tell me in the comments 👇

Not financial advice. DYOR.

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