🐸 $PEPE /USDC – Sharp decline, but an opportunity for scalping?
PEPE has just dropped by 13%, reaching a low of $0.00001045. It is currently fluctuating around $0.00001069, trying to recover after the crash. 😮💨
MACD is still indicating a decline, but these red bars are decreasing — this could be a sign that selling pressure is slowing down.
It is still trading below all major moving averages, so the overall trend is bearish.
Scalping idea:
If PEPE breaks $0.00001087 with strong volume, we might see a bounce back to $0.00001140
If it drops below $0.00001045 again, I will exit — I won't catch falling knives.
Plan:
Small entry
Tight stop-loss
Quick entry and exit — this is scalping, not holding.
Be cautious — this can change quickly. 💨
#PEPE
