Based on my previous market updates and significant investment in $PEPE the following should be clear:
When you see such price action (PA) on a coin that has consistently been the top performer with the most promising chart over a high time frame (HTF), you should confidently open a long position immediately, even when facing pullbacks. If you have been keeping up with my market insights and trading discussions, you cannot afford to miss such an opportunity.
Here are the key developments to consider:
- Breaking through all-time highs (ATHs)
- Securing a daily close above these levels
- Conducting a perfect retest
- Consolidating for several hours above this level
- Experiencing subsequent growth
- Showing strength despite Bitcoin's downturn
- Establishing a bullish market structure after expansion
- Overall positive sentiment in meme coins (supporting narrative)
These factors combined highlight why this opportunity was seized with great confidence.