Based on the current chart of PEPE/USDT, here is the analysis and recommendation:
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Important data:
Current price: 0.00001225
Daily high: +22.13% (strong rise)
Highest price in 24 hours: 0.00001397 (you are currently about -12% away from it)
Lowest price in 24 hours: 0.00001001
Volume in 24 hours: very large, 90.34T PEPE and 1.09B USDT
MA60 (60-period moving average): at 0.00001239 (current price is slightly below it)
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Chart and technical analysis:
There is a noticeable decline after reaching the peak at 0.00001397.
The price line (yellow) is clearly breaking downwards, indicating selling pressure.
Trading volumes (red candles) have increased, meaning some traders have started selling and taking profits.
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Time indicators:
Today: +7.93%
7 days: +39.36%
30 days: +103.15%
90 days: +39.52%
Year: +58.68%
These indicators show that the price is strongly upward in the short to medium term, but it has now entered a correction.
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Current recommendation:
If you already own the coin:
Now is a suitable time for partial or full selling to take profits, especially since the price has started to decline after reaching the peak.
If you are thinking about buying now:
Buying is not recommended currently, as the coin is in a correction phase after a sharp rise. It is better to wait until a rebound signal or strong support appears.
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Summary:
Your decision now depends on your situation:
Do you own the coin? → It is best to sell now or sell part of it.
Thinking of buying? → Wait, the time is not suitable to enter.
