$PEPE’s recent -9% drop to 0.00001052 is a textbook case study in why traders should separate emotion from execution. With RSI hovering near 16, the token is deeply oversold, yet the absence of a meaningful bounce highlights how oversold conditions don’t always guarantee an immediate reversal. The MACD remains firmly bearish, and repeated tests of the 0.00001042 support suggest weakening buyer conviction. Selling pressure is still active, and a decisive break below this level on strong volume could trigger further downside. This scenario underlines the importance of waiting for clear bullish signals—like divergence on key indicators or heavy buyback volume—before re-entering a trade. Trading isn’t about chasing every dip; it’s about discipline, risk management, and patience—knowing when to engage and when to step back can make all the difference in volatile meme coin markets like $PEPE
