Urgent 🚨🔥
Based on the latest image of the PEPE/USDT currency, this is a quick analysis of the market situation.
Current situation:
Current price: 0.00001213
Daily decline percentage: -9.55% (sharp drop)
Lowest price in 24 hours: 0.00001202
Moving Average MA60: 0.00001213 (the price is exactly on it, and this is considered a sensitive point)
High trading volume: 3.55 billion (clear selling pressure)
Reason for the currency's drop:
Strong profit-taking after a previous rapid rise.
Failure to break resistance at approximately 0.00001340, then the price quickly retreated.
Should you sell or buy?
If you own the currency:
The price has currently reached an important support level (MA60).
Selling now may be a wrong decision if you are losing a lot, because there is a slight chance of a rebound from this level.
If you are losing slightly and do not wish to take more risk, you can sell and reduce the loss.
If you are ready to wait, monitor whether the price holds above 0.00001200 or breaks it.
If you intend to buy now, I do not recommend buying now, because the daily trend is strongly downward.
The price is close to breaking support, and if it breaks 0.00001200, it may continue to drop.
Safe buying is only if the price clearly rebounds and stabilizes above 0.00001250 again.
Final recommendation:
Hold cautiously if you own the currency, and pay attention to the level 0.00001200.
Avoid buying now, until a real rebound signal appears.
Place a stop-loss order at 0.00001200 in case it breaks.
$PEPE BinanceAlpha$1.7MReward
Based on the latest image of the PEPE/USDT currency, this is a quick analysis of the market situation.
Current situation:
Current price: 0.00001213
Daily decline percentage: -9.55% (sharp drop)
Lowest price in 24 hours: 0.00001202
Moving Average MA60: 0.00001213 (the price is exactly on it, and this is considered a sensitive point)
High trading volume: 3.55 billion (clear selling pressure)
Reason for the currency's drop:
Strong profit-taking after a previous rapid rise.
Failure to break resistance at approximately 0.00001340, then the price quickly retreated.
Should you sell or buy?
If you own the currency:
The price has currently reached an important support level (MA60).
Selling now may be a wrong decision if you are losing a lot, because there is a slight chance of a rebound from this level.
If you are losing slightly and do not wish to take more risk, you can sell and reduce the loss.
If you are ready to wait, monitor whether the price holds above 0.00001200 or breaks it.
If you intend to buy now, I do not recommend buying now, because the daily trend is strongly downward.
The price is close to breaking support, and if it breaks 0.00001200, it may continue to drop.
Safe buying is only if the price clearly rebounds and stabilizes above 0.00001250 again.
Final recommendation:
Hold cautiously if you own the currency, and pay attention to the level 0.00001200.
Avoid buying now, until a real rebound signal appears.
Place a stop-loss order at 0.00001200 in case it breaks.
$PEPE BinanceAlpha$1.7MReward
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
PEPE
0.00001311
-0.83%
ETH
2,510.68
-0.24%