PEPE / USD - EXIT LIQUIDITY OR LAUNCH?
My analysis today deals with the fact that the short-term high flight of the "PEPE / MEMECOINS" could find an end.
Due to the sudden price explosion, many addresses are sitting on extreme profits, which could flood the market with your positions at the slightest hint of weakness.
I don't want to go into much detail about the history of the coin, or its past chart, as there is not enough past data for that.
Depending on the HYPE and the big addresses, the price can still go up - but you can already see signs of weakness in the volume, which could trigger a rapid sell-off.
> Positioning after confirmation of this thesis = SHORT
Should this idea and explanation have added value to you, I would be very happy to receive an evaluation of the idea.
Thank you and a successful trading!
Due to the sudden price explosion, many addresses are sitting on extreme profits, which could flood the market with your positions at the slightest hint of weakness.
I don't want to go into much detail about the history of the coin, or its past chart, as there is not enough past data for that.
Depending on the HYPE and the big addresses, the price can still go up - but you can already see signs of weakness in the volume, which could trigger a rapid sell-off.
> Positioning after confirmation of this thesis = SHORT
Should this idea and explanation have added value to you, I would be very happy to receive an evaluation of the idea.
Thank you and a successful trading!
Trade closed: target reached
Trade closed: target reached:
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