Analysis of PEPE Coin:
Current status of PEPE/USDT:
1. Price: 0.00000876 (slight decrease -0.45%).
2. Short-term overall trend: Bearish – evident from the downward slope of the yellow line and the price being below the MA60 moving average.
3. Clear selling pressure evident from the candle patterns and volume, with difficulty in surpassing resistance at 0.00000880–0.00000900.
4. Lower indicators (such as MACD and RSI) are not clearly visible in the picture, but from the price movement, there is currently no strong buying signal.
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Are you buying or selling?
If you own the coin:
It's better to wait and not sell now, as the price is near a support zone (0.00000872) and may bounce back. Selling now would be close to the bottom.
If you are considering buying:
Buying now is not recommended, as the trend is bearish and the risk is high. It’s better to wait for price stabilization or a clear rebound signal (for example, breaking 0.00000885 with high trading volume).
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Conclusion:
Do not sell now if you are in the trade – wait for the bounce.
Do not enter now if you are out of the trade – wait for a clearer opportunity.
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