$PEPE Honest analysis!
đ¸ PEPE | 15-Min Performance Update
PEPE remains under short-term pressure.
What the chart shows:
Price trading below short MAs â momentum weak
Series of lower highs & lower lows
Recent bounce looks reactive, not trend-changing
Key zones to watch:
â ď¸ Resistance: previous MA cluster above current price
đĄď¸ Support: recent wick low â loss of this = further downside risk
Bias (short-term):
Below resistance â defensive / patience
Strength only if price reclaims & holds above MAs
My approach:
No chasing bounces
Wait for confirmation
Risk > reward matters more than prediction
Choppy markets reward discipline, not speed.