Is it time to sell or wait for it to rise more!?
From the latest chart analysis of the PEPE/USDT currency,
Here is the assessment and recommendation:
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Current Situation:
Price: 0.00001385
Daily Change: +10.98% (Strong increase)
Highest Price in 24 Hours: 0.00001392 (Very close to the current price)
The current candle is bullish and accompanied by a very high trading volume
Price above the MA60 moving average = 0.00001378 (Positive signal)
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Quick Analysis:
The price is now in a resistance area as it is close to the highest point in 24 hours.
Indicators are positive in the short term (12.51% today, and 88.95% over 30 days).
The trading volume is very high, indicating strong interest from buyers currently.
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Do you sell or wait?
If you have made a good percentage (for example, more than 10-15%):
I recommend taking some profits now (selling part of the quantity).
Keep the rest and wait for a clear breakout above 0.00001392, because if it breaks and holds above it, the rise may continue.
If you bought close to this price:
Holding is the best option currently, provided to place a stop-loss order at around 0.00001350 to reduce risk.
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Final Recommendation:
Taking part of the profit now is better than waiting entirely in these areas close to resistance.
Watch the price movement over the coming minutes, and if it does not break 0.00001392 clearly, a temporary correction wave may begin.
