Based on your analysis, holding $PEPE seems like the better option right now. Here’s why:
Bullish Structure: PEPE remains above key moving averages, which are often used to determine trend strength. As long as it holds above these levels, the bullish momentum is still intact.
Decreasing Volume: While the declining volume could indicate a slowdown, it may also signal a period of accumulation before a potential move higher.
Large Withdrawals: Whales moving assets off exchanges often point to accumulation or preparations for price spikes. This is a positive indicator for mid to long-term holders.
⚠️ Caution Points:
Keep an eye on support levels. If PEPE drops below critical support, it may signal a bearish reversal.
Monitor trading volume for any upticks that confirm renewed buying interest.
Recommendation: Hold $PEPE E for now, but set alerts at key resistance and support levels to decide on future actions. A breakout above recent highs could signal another rally, while a break below support may warrant reconsideration.
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