Man, everyone was waiting for that big $PEPE bounce, but the candles are telling a different story right now.
Looking at the daily, we just can’t seem to shake this downtrend. We had that nice spike back in mid-February, but it got sold off fast and now we’re sitting at 0.00000345. The scary part? We are hovering right above that previous support at 0.00000310. If the buyers don't step up there, it could get ugly. Volume is looking a bit dry too, which usually means the big moves are still loading. I’m staying patient. If we hold 310, I might look for a scalp, but right now it feels like catching a falling knife.
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Man, everyone was waiting for that big $PEPE bounce, but the candles are telling a different story right now.
Looking at the daily, we just can’t seem to shake this downtrend. We had that nice spike back in mid-February, but it got sold off fast and now we’re sitting at 0.00000345.
The scary part? We are hovering right above that previous support at 0.00000310. If the buyers don't step up there, it could get ugly. Volume is looking a bit dry too, which usually means the big moves are still loading.
I’m staying patient. If we hold 310, I might look for a scalp, but right now it feels like catching a falling knife.
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