Recommendations for PEPE today:
Long Position: It is not recommended to open long positions at this time, as indicators suggest a continuation of the downtrend.
Short Position: For more aggressive traders, considering opening a short position could be an option, but with caution and a tight stop-loss.
Set a Stop-Loss: A suggested stop-loss level would be around 0.00001200 to limit losses in case of an unexpected reversal.
Take Partial Profits: If you already have a position open, it might be prudent to take partial profits, especially if the price is approaching important support levels.
Monitor Volume: Monitor any significant increase in volume that could indicate a change in trend.
Monitor Support and Resistance Levels:
Key resistance: 0.00001366 (MA25)
Key Support: 0.00000963 (below MA99)
