🚨🚨Analyzing the $PEPE chart, here's what we see in Long and Short term:
Short-Term: The price is at a critical Fibonacci retracement level of 0.5 ($0.00001870). With mixed signals from moving averages (below MA(7) and MA(25) but above MA(99)), it's wise to hold or wait for a clear breakout. A move above $0.00002299 would be a buy signal, while a drop below $0.00001766 might suggest selling.
Long-Term: Despite recent consolidation, the price is above the MA(99), which is positive. If you're in for the long haul, buying at current levels could be strategic, considering the support at $0.00001766 and potential for future growth. Remember, crypto markets are volatile, so always invest what you can afford to lose.
What are your thoughts?