For those who invested in#PEPEat low prices, congratulations.

But for those who think about riding its wave, or seizing it during the correction, you should think a million times before doing so, why?

- First: The currency was signed by a very large hype that caused it to enter into dangerous FOMO stages, and made its price exaggerated even with the correction.

- Second: Despite the current rise, the MACD (price push indicator) indicates weakness, which constitutes a (Bearish Divergence), i.e., a contradiction between the market price and the momentum (MACD).

- Third: The reason for the current rise is the whales’ manipulation of short contracts.

Fourth: We cannot say that the currency will not rise, especially if #BTC☀️ continues to rise, but if you are going to invest in it, do not expect it to achieve 10x or 20x for you because the currency has actually been depleted.

In a later post I will give you a quick read about the #FLOKI coin