$PEPE finally lost the floor today.
It sat on 0.0000048 for like three days, every dip got bought. Then the US session came in and from 18:00 PKT it just bled hour after hour, volume picking up on the red candles. Low so far 0.00000459, now around 0.00000462 and still under both 1h EMAs.
For me 0.0000046 is the last little shelf here. An hourly close under it and I think it drifts toward 0.0000044, where the Oct 29 wick got bought hard.
Honestly the view only flips if it gets back over 0.0000048 and holds it. Until then bounces into 0.0000047 look like sells to me
It sat on 0.0000048 for like three days, every dip got bought. Then the US session came in and from 18:00 PKT it just bled hour after hour, volume picking up on the red candles. Low so far 0.00000459, now around 0.00000462 and still under both 1h EMAs.
For me 0.0000046 is the last little shelf here. An hourly close under it and I think it drifts toward 0.0000044, where the Oct 29 wick got bought hard.
Honestly the view only flips if it gets back over 0.0000048 and holds it. Until then bounces into 0.0000047 look like sells to me
