#Pepe continues to decline

Since yesterday, Pepe has experienced a constant decline, accumulating a loss of -15.56% so far. Currently, the price is supported by the 99 EMA on the hourly chart, although this support is likely to fail due to intense selling pressure.

This is a key point: if the support is lost, the price could fall back to 0.00001257, an important level to consider. It is worth remembering that the rise from this value to 0.00002243 occurred in less than a day, driven mainly by its listing on Coinbase.

Thanks to that movement, I managed to make a good profit. For now, the most prudent thing to do is to wait for the market to stabilize to identify a new opportunity. My strategy will be to take advantage of the lowest possible price.