Technical Analysis of PEPE Coin Today!!
Through analyzing the chart of PEPE/USDT, here are the details:
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Key Indicators:
Current Price: 0.00001334 USDT
24-Hour Drop: -3.82%
Highest Price in 24 Hours: 0.00001415
Lowest Price in 24 Hours: 0.00001291
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Chart Analysis:
Clear downtrend, price is below the moving average MA60 = 0.00001370
Red candles are dominating, indicating significant selling pressure
Trading volumes are high but mostly selling, reinforcing bearish signals
Today's Performance: -4.10%
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Current Recommendation:
If you own the coin:
It's best not to sell at a loss currently if you bought at a higher price, unless you are targeting a stop loss.
If you are currently in profit, selling now could be a good step to secure profits before any further decline.
If you are considering buying:
I do not recommend buying currently, except after a strong reversal signal appears (like a reversal candle or a sudden increase in green volume).