🚨 Update PEPE

It seems like PEPE needs a little adjustment compared to its strong price increase. After continuing 6 consecutive days of price increase with a growth of nearly 40% in spot value even though BTC decreased in price and only increased in price afterwards. Let's quickly review some important ideas with Trading Insight

👉 PEPE's selling volume in 48 hours has gradually increased and buying volume has decreased, showing that investors are interested in taking profits and starting to hesitate about selling.

👉 PEPE meets psychological support at the 0090-0094 area, this is a quite large support area in the old breakout, has not yet broken to return to the previous ATH.

👉 From my perspective, PEPE is starting to decrease in price at this stage. There are 2 milestones that you need to pay attention to: areas 0074 and 0056. These are two important milestones if the short selling process takes place for PEPE

👉 In case PEPE breaks the 0090-0094 zone, leave and do not hold anymore. If the breakout is due to BTC reaching 67.5, we have a short setup. If PEPE can break on its own, it must be called too much force.

I myself have already taken profit at 0082, so I'm not too worried. This is a reference view for you if you are holding or want to hold and enter orders.